Oireachtas Joint and Select Committees

Thursday, 8 October 2020

Committee on Budgetary Oversight

Pre-Budget Engagement: Minister for Public Expenditure and Reform

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael) | Oireachtas source

I thank the Minister. Given the availability of borrowing at low or zero interest rates and the fact that commercial banks do not apply these rates directly to private borrowers, does the Minister think it is advantageous or advantageous to him, in his capacity as Minister, to have the lower rate prevail in this country as is available to other European countries, in particular members of the eurozone?

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