Oireachtas Joint and Select Committees

Wednesday, 15 June 2016

Committee on Arrangements for Budgetary Scrutiny

Engagement with Minister for Finance and Minister for Public Expenditure and Reform

10:00 am

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

There is absolute scrutiny at the moment. The finance committee calls in the Central Bank, the Irish Fiscal Advisory Council, the Department and the Revenue Commissioners and there is full scrutiny at various times of the year, not only when the committee is scrutinising the Estimate for the Department of Finance but on a global basis. The committee calls other State agencies in as well, for example, the National Treasury Management Agency, NTMA, NAMA and other such bodies have appeared before it. The scrutiny has been working pretty well, but I accept that everything can be improved. If there are recommendations for improving scrutiny, I would not have a problem with that.

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