Oireachtas Joint and Select Committees

Thursday, 24 January 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Economy and Funding Requirements: Discussion with NTMA

3:35 pm

Mr. John Corrigan:

I will have to come back on that because it is not a simple calculation. I know parliamentary questions have been asked of the Minister for Finance on the matter. Other moneys flow through the bank account as well as our borrowings. There is all the State’s tax revenues. It is all fungible. It is difficult to try to distinguish how much is due to borrowing and how much represents the tax revenues of the State. If the Chair permits, I will make a stab at answering the question and come back to the committee with the information.

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