Oireachtas Joint and Select Committees

Tuesday, 20 April 2021

Joint Oireachtas Committee on Transport, Tourism and Sport

Engagement with Chairpersons Designate of Bus Éireann, Bus Átha Cliath and Iarnród Éireann

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

Is there any specific reason for the deficit increasing from €547 million in 2018 to €777 million in 2019 and €975 million at the end of 2020? That is a significant increase over a two-year period. It was 78% or €428 million, which is a virtual doubling of the deficit. Why has it been so dramatic? Is that down solely to the markets?

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