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

Those are four countries we thought we had separated from financially but when we drill into the figures for Government debt to Government revenue, we are not far away from that group. In terms of a percentage of our total income going on interest every year, we are the fourth highest in the European Union on both of those charts. That has to be a worrying trend.

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