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:

There was speculation in the media but I can only give the official position that it was a small number of firms. The change in the assets was dramatic. Before then the total assets in the economy, public and private was about €700 billion. That went up to over €1 trillion in one year, which is practically unheard of.

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