Oireachtas Joint and Select Committees
Thursday, 6 July 2017
Public Accounts Committee
2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Vote 18 - Shared Services
Vote 39 - Office of Government Procurement
Chapter 3 - Vote Accounting and Budget Management
Comptroller and Auditor General Special Report 95: Financial Reporting in the Public Sector
9:00 am
Mr. Robert Watt:
Clearly, back in 2011 the crisis had so many different economic, fiscal and banking dimensions that it was a good move at that stage to spread the burden. The two Ministers at the time, Deputies Howlin and Noonan, are both of the view that it helped in managing all the different dimensions of the crisis, including the troika. One of the dimensions of the job that has changed over the years relates to Eurogroup and ECOFIN, whereby the Minister would have to be away for two or three days per month at those meetings. This is an extra element that was probably not as demanding in the past, given the nature of monetary union and our obligations in that regard.
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