Oireachtas Joint and Select Committees
Wednesday, 31 January 2018
Committee on Budgetary Oversight
Proposal to Establish a Rainy Day Fund: Minister for Finance
1:30 pm
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
There are no particular criteria for how NTMA money can be used. That money is on the balance sheet. The benefit of setting up a rainy day fund such as this is that there will be specific criteria for how that funding may be used and one will do it in such a way that it is compliant with the fiscal rules.
No comments