Oireachtas Joint and Select Committees
Tuesday, 7 February 2017
Joint Oireachtas Committee on the Future Funding of Domestic Water Services
NewERA, National Treasury Management Agency
12:00 pm
Ms Maria Graham:
If we are focusing on borrowing, it does not really matter who is lending to Irish Water once the lender is paid. Metering is not required for that purpose.
Deputy Barry Cowen asked, if the State was the sole customer, what that meant from a lending perspective. Again, that is a separate question because local authorities which received funding for the domestic sector borrowed from commercial lenders against non-domestic revenue.
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