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 Joan BurtonJoan Burton (Dublin West, Labour) | Oireachtas source

I meet people from the European Investment Bank from time to time, as I am sure other Deputies do, and I leave wanting to pull my hair out as it is so frustrating. In theory they have bags of money there. In practice, it is "not for giving out to you lot" because there is some point or other on which we do not hit perfection. I understand it is out there in the market and has to get returns, not unlike the NTMA. However, we really have this investment gap.

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