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
Arthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source
Yes, but it is off-balance sheet. I believe it had the capacity to borrow €1.6 billion without putting it on the State balance sheet. However, if it is an entity in its own right, should it not borrow money and give that to the State for the purposes of it being a special purpose vehicle or whatever?
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