Oireachtas Joint and Select Committees

Thursday, 20 June 2019

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Articles of Agreement of the International Finance Corporation: Minister of State at the Department of Finance

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I thank the Minister of State for his opening statement. The committee very much supports the proposal. The work of the World Bank and, in particular, of the International Finance Corporation is important in the developing world. The proposal is focused very much on the sustainable development goals, climate action and poverty. While the proposal must ultimate go before the Dáil, is it the case that passing this provides Ireland with an option rather than an obligation?

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