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

4:05 pm

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

I thank Mr. Corrigan for saying that. There is so much pessimism abroad that when any kind of optimistic number emerges from the second element, there are sometimes cheers of a sort because we sold a bit of a bank. However, the question should be what proportion did we get of the cost to us of taking on that bank and how much more will it need. These are the questions on which the public would be most interested in Mr. Corrigan's reflections, and I thank him for them.

As it is late in the day, I have only one further question. I thank the Chairman for his forbearance. A new Freedom of Information Act is being mooted by the Minister for Public Expenditure and Reform, Deputy Howlin. Will the NTMA be part of that or has the agency applied to opt out of it?

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