Oireachtas Joint and Select Committees
Thursday, 19 October 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Engagement with the Central Bank of Ireland
9:30 am
Professor Philip Lane:
I am told there is a severe deficit but that is not the issue. We can provide the annual report for the Senator if she does not have it. The State has many liabilities which are not pre-funded and the income required to satisfy the needs of the fund is provided on a rolling basis.
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