Oireachtas Joint and Select Committees

Thursday, 19 June 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Fiscal Assessment Report 2014: Irish Fiscal Advisory Council

4:30 pm

Photo of Arthur SpringArthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source

For example, Irish Water has been set up but no payment was made to the Irish State. I am aware it was for the purposes of allowing it to borrow off-balance sheet and so on but is that typical best practice internationally, whereby the assets essentially were bequeathed to an organisation without the State getting a payment or that organisation borrowing money to fund it?

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