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 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015

9:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

Okay. Mr. McCarthy knows the full picture. There are a few aspects that are not in these figures, so I ask that the national Parliament be given the overall picture. I am not saying that there is an issue but we want the total picture.

I will move on to page 47 of the same set of accounts. On the money that we borrowed from the troika, at the end of 2015 we still owe €50 billion, mainly from the European Stability Fund, and the Stability Mechanism Fund. Some of it does not have to be repaid for some time. The average repayment of that is up to 18 years. It is the case that we have paid off the IMF contribution in full?

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