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:

This is a decision for the agency. However, in order to be of assistance, in terms of the purchase of buildings, people must remember that, under EU fiscal rules, this would impact on one's expenditure benchmark so it does have a very sizeable impact if one is looking at one-off expenditure in terms of how much is available for ongoing current day-to-day expenditure. That may have informed that policy decision in terms of purchasing. In terms of the NTMA premises, that would be a decision for it.

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