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 MurphyCatherine Murphy (Kildare North, Social Democrats) | Oireachtas source

Irish Water features in the loans. There is a loan of €450 million. Initially, it was €300 million and then €150 million. The only income Irish Water has apart from commercial water charges is from the Exchequer. Is it really a loan facility in that case? It does not appear that Irish Water has an income from which it can discharge loan repayments. It has been extended for one year. What, if anything, is the intention for the loan?

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