Oireachtas Joint and Select Committees
Thursday, 7 July 2016
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Single Resolution Board (Loan Facility Agreement) Bill 2016: Committee Stage
11:00 am
Eoghan Murphy (Dublin Bay South, Fine Gael) | Oireachtas source
I reiterate that this is a loan. Judging from the Second Stage contributions of some Deputies, albeit not Deputy Pearse Doherty, there may have been some confusion in this regard. This is a loan which would be repaid with interest. In so far as that is concerned, it would not impact on the deficit or the expenditure benchmark.
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