Oireachtas Joint and Select Committees

Thursday, 7 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. John Beggs:

Yes, and I made a point that, you know, I think it was in the report on strengthening the capability of the Department of Finance, there were references to reports by the OECD and the IMF on the Irish economy, and they tended to say everything was okay.

There were a few issues that maybe ... you know, risks there, and I make the point that those reports were ... there was a lot of influence brought to bear on those reports before the publication by the Irish side. I mean, we all met the IMF and the OECD when their missions came to Ireland, so maybe some of their issues ... their concerns would have been challenged here or answered here before they went away to draft those reports.

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