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 Catherine ConnollyCatherine Connolly (Galway West, Independent) | Oireachtas source

I am failing to grasp this. I do not blame the witnesses. However, every week I sit here looking at rents for, say, Caranua at the Department of Education and Skills. Foras na Gaeilge did a business case which pointed out it was cheaper to buy a building and have a mortgage. There is something seriously wrong with the Government's policy in this regard. It is actively colluding in keeping market rents at the deep end. It is now put in language where it is adding to the new financial area in the city. Language is being used in a way to conceal. I do not expect the witnesses to answer this. However, I despair of the Government's policy on this at a time Galway city has a major housing crisis. Galway has been waiting since 2002 for a public housing programme. I agree with Deputy O'Connell. There is no reason other areas in the country cannot be looked at for locating headquarters.

On the investment committee-----

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