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

Could I ask for a note in plain English rather than economist-speak that the public would understand on where matters stand? I understand the witnesses do not have the information with them, but it is an issue we must address. It is better housekeeping to keep different debts separate. However, I can see the logic of mixing it all into the one, in that the debt can be refinanced at lower rates, but we should still be able to calculate it. We should have some mechanism to calculate what the hangover is from the crazy period called the Celtic tiger.

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