Oireachtas Joint and Select Committees
Thursday, 19 April 2018
Public Accounts Committee
Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council
9:00 am
Mr. John McCarthy:
We still have significant banking assets, which are not included in the figures and our net debt figure. We sold 25% of AIB last year generating €3.4 billion so when we sell these assets over time, and they are not included in the numbers because nobody can know when they will be sold, if they are used to redeem debt, that will have big impact on the €200 billion.
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