Oireachtas Joint and Select Committees

Thursday, 21 July 2016

Public Accounts Committee

2014 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 2 - Government Debt
Chapter 24 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2015

9:00 am

Photo of David CullinaneDavid Cullinane (Waterford, Sinn Fein) | Oireachtas source

I welcome the witnesses, Mr. O’Kelly and his team. I wish to focus on three areas. The first is GDP and the relationship between it and borrowing costs. The second relates to issues concerning the strategic investment fund and the European Investment Bank. The third is the National Development Finance Agency, which I understand has been subsumed into the competencies and mandates of the NTMA.

What effect, if any, does Mr. O’Kelly think the revised GDP figures will have on our borrowing costs or has he given any thought to that?

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