Oireachtas Joint and Select Committees

Thursday, 6 July 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

ECOFIN Meeting: Minister for Finance

9:30 am

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

If an economy grows, the balance sheet of a country changes as well, but as I have already said to the Senator, I believe there are other sources of funding that will be open to us to allow us increase capital investment, apart from the need to do anything with the AIB shares. More broadly, at a time when the State getting involved in the banking system caused such anger in our country and we had to borrow to do it, it makes perfect sense to me to try to pay back that borrowing, which is what we are looking to do.

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