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

Photo of Eoin Ó BroinEoin Ó Broin (Dublin Mid West, Sinn Fein) | Oireachtas source

We know the parameters within which borrowed funding for Irish Water has operated and I am very clear on the cost of the short-term borrowing as the €20 million figure that is in the report, but what is the projected cumulative cost of the borrowing from 2014 to 2017?

According to Irish Water there is additional borrowing from 2018 to 2021 and I would like to know what the difference is in real terms between the cost of that borrowing from the original business plan and option three, and if there is a figure that can be calculated or forwarded to us.

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