Oireachtas Joint and Select Committees

Wednesday, 8 March 2017

Committee on Budgetary Oversight

Developments in the National Debt: National Treasury Management Agency

2:00 pm

Photo of John LahartJohn Lahart (Dublin South West, Fianna Fail) | Oireachtas source

I thank the delegates for their fascinating presentation. The slides helped. I have three questions, although the delegates have answered one of them. There is a likelihood that the State will sell 25% of AIB in the short term and the understanding is the proceeds of any sale of bank stock would go towards reducing debt. Have the delegates any comment to make on this? In what manner would they like to see the stock disposed of? I am not asking whether they approve of it officially, as they would not comment in that way, but will they make an overview comment on the matter, including the potential impact on the debt?

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