Oireachtas Joint and Select Committees
Thursday, 2 March 2017
Public Accounts Committee
2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government
9:00 am
Marc MacSharry (Sligo-Leitrim, Fianna Fail) | Oireachtas source
My question initially was: is there any move in the Department, or is it Mr. McCarthy's view or would he undertake measures to try to have all borrowing for local authorities done by a vehicle that would ensure that instead of paying 8% commercially they might be closer to the 1.5% he mentioned if, for example, Meath County Council wanted to borrow €10 million to develop a park in the centre of Navan?
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