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
3:45 pm
Mr. John Corrigan:
To answer the Deputy's question on the relationship between the NTMA and the Government, the NTMA is an agent of the Minister for Finance. We report to the Minister for Finance. I report directly to the Minister for Finance. Government makes policy. We provide certain input into that in the limited area of debt management and we execute government policy. As I referred to earlier, we are not policy makers in the main; we are policy takers.
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