Oireachtas Joint and Select Committees

Thursday, 4 July 2019

Public Accounts Committee

2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018

9:00 am

Photo of David CullinaneDavid Cullinane (Waterford, Sinn Fein) | Oireachtas source

How does that break down? I imagine that some of it is legacy debt from before the crash. Then there was the bank recapitalisation. We also had to borrow money for day-to-day revenue spending during the austerity years. Even in broad terms, does Mr. O'Kelly have a breakdown of what constitutes the €205 billion? How much of it is the legacy of the austerity years as opposed to the crash?

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