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 Catherine MurphyCatherine Murphy (Kildare North, Social Democrats) | Oireachtas source

That is paid before the people who bailed everyone else out get paid. Could we find out the quantum of what remains? The property market is rising. While I understand that there are state-aid rules relating to this, is there scope to do it later if there is a possibility of gaining more? It seems very obvious that by bundling all of these debts and rushing it, we did not get the maximum amount. I am left here to speak about the housing crisis. Even if somebody wants to rent a three-bedroom house in Lucan, they need €2,200 per month. I have a real problem with NAMA in any event but it strikes me that rushing the wind-up of NAMA may well reduce - rather than increase - what we ultimately get. Is there any-----

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