Oireachtas Joint and Select Committees
Thursday, 19 January 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Statement of Strategy 2017: Department of Finance
10:00 am
Mr. John Hogan:
It might be helpful for me to speak about the high-level objectives of the group. It will have a fluid mandate and it will adapt to the circumstances it faces. Its principal objectives are to monitor and share assessments of risk to the Irish financial system and the Irish economy; to co-ordinate systemic crisis management, including contingency planning and implementation of financial sector crisis management measures; and to discuss economic or financial policies which have repercussions for financial stability in order to achieve optimal policy outcomes. That is a flavour of it. As the Secretary General said, we are happy to share some of the details.
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