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
Mr. Eoin Dorgan:
The programme for Government commitment is that the maximum sale of shares in any institution is 25% and that has been reached with the AIB transaction. The Department, the Irish Fiscal Advisory Council, IFAC, the European Commission and the NTMA in particular have all highlighted the high debt levels. Share sales will very much have to be a decision for the Minister in due course.
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