Oireachtas Joint and Select Committees

Thursday, 5 May 2022

Public Accounts Committee

2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Finance
2020 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2020
Chapter 16 - Ireland Apple Escrow Fund
Audited Financial Statements of the Exchequer for 2020

9:30 am

Photo of Colm BurkeColm Burke (Cork North Central, Fine Gael) | Oireachtas source

But is the disadvantage then that if there is a sudden downturn and no rainy day fund, we are then at the mercy of the lenders if the State wanted to continue key projects and the lenders are saying they will not give any funding? It is thus at a disadvantage. I am just wondering about that.

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