Oireachtas Joint and Select Committees

Tuesday, 6 October 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Macroeconomic Forecast for 2016: Department of Finance

5:55 pm

Photo of Peadar TóibínPeadar Tóibín (Meath West, Sinn Fein) | Oireachtas source

On European interest rates being low, the NTMA is holding cash in the region of €15 billion. Is there an opportunity cost in holding that amount of cash in the State when there could be a net gain if some of it was invested in infrastructural development?

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