Oireachtas Joint and Select Committees

Thursday, 3 December 2015

Public Accounts Committee

2014 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2014
Chapter 2 - Government Debt
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2014
Finance Accounts 2014

10:00 am

Photo of Joe CostelloJoe Costello (Dublin Central, Labour) | Oireachtas source

We contribute to and are a member of the Asian Development Bank, so presumably it is related to that but we are not a member of the African Development Bank. Africa is the second fastest growing part of the globe and there are huge investment and trade opportunities coming up there. Why are we not a member of the African Development Bank? Our overseas development is concentrated in Africa yet it sticks out like a sore thumb that we are not a member of that bank while we are a member of the Asian Development Bank and I do not know why we are putting money into it.

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