Oireachtas Joint and Select Committees

Thursday, 7 October 2021

Public Accounts Committee

2020 Annual Report of the Comptroller and Auditor General - Chapters 15 and 16
2019 Annual Report of the Comptroller and Auditor General - Chapter 16
National Treasury Management Agency - Financial Statements 2020

9:30 am

Photo of Brian StanleyBrian Stanley (Laois-Offaly, Sinn Fein) | Oireachtas source

I will turn briefly to public private partnerships, PPPs. The NTMA has a direct role in these, wearing the National Development Finance Agency, NDFA, hat. It does the procurement and hands it over when it is ready to go to the relevant Department or State agency. The NTMA has used it a lot and promoted it for different infrastructure. Britain, as I understand it, has moved away from PPPs since 2017. The Tory Government in England and Scotland has moved away from PPPs. Does Mr. O'Kelly think that we may have been too reliant on PPPs? I understand the logic that you get the motorway quickly, with the private sector putting in a certain amount of money. When the cost over the full term is considered, does Mr. O'Kelly think that we have been too quick to move towards them?

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