Oireachtas Joint and Select Committees

Tuesday, 31 May 2016

Committee on Housing and Homelessness

National Treasury Management Agency and Department of Finance

10:30 am

Photo of Michael HartyMichael Harty (Clare, Independent) | Oireachtas source

I am struggling with the concept and trying to understand it. What criteria distinguish borrowings that are on-balance sheet from those that are off-balance sheet? One of the members of the deputation said it was difficult to keep borrowings for social housing off-balance sheet but that borrowings for affordable housing with a return could be kept off-balance sheet. Will the deputation expand on that? What Government borrowings are off-balance sheet at the moment? What type of borrowing is off-balance sheet?

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