Oireachtas Joint and Select Committees

Thursday, 12 July 2018

Public Accounts Committee

2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed)

9:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

Many of them are at 4% and 5%, and then they drop down to 1.7% and 2%. Perhaps Mr. O'Kelly could give us the full breakdown of the 200. That is a good indicator. That is the only information I am looking for in that regard.

I will move on to the Ireland Strategic Investment Fund. A figure of €526 million for residential housing is referred to on page 17 of the financial statement. The statement says that at the end of 2017 the Ireland Strategic Investment Fund had committed €526 million to residential housing investments in response to the national housing crisis. Can Mr. O'Kelly tell the committee how many houses were built by the fund at the end of 2017? I note all the commitments and so on but how many houses were actually built with the €526 million? How many actual houses can be counted, that is, there are 50 there or 300 there? At 31 December 2017, how many houses were built from that €526 million?

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