Oireachtas Joint and Select Committees
Thursday, 4 December 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Fiscal Assessment Report - November 2014: Irish Fiscal Advisory Council
3:10 pm
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
I have another question. Professor McHale will be aware that the CSO refused or clamped down on the Government's attempt to take the €250 million equity investment in Irish Water off the Government's balance sheet. It is back on the Government's balance sheet because it claimed Irish Water had been established on 1 October 2014. The council did not raise any concern about this. It was announced in the budget last year and I was concerned about it and teased it out with the Government. Is it something about which the council had concerns or did it go unnoticed?
The second point is that the issue of Irish Water is subject to EUROSTAT approval in March 2015. If it comes back in the negative, all rules will have been breached at that stage. Is the council concerned about this, given that the CSO has not come back in one case already?
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