Oireachtas Joint and Select Committees

Thursday, 17 November 2022

Public Accounts Committee

2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund

9:30 am

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

There is a big hole here in respect of the mica redress scheme.

I recognise there is going to be a significant challenge in doing that. There are no easy answers to it. The figure quoted was €32 million. It will have some effect on the cost of construction, although not as much as the 10% that was originally floated. My understanding is the Parliamentary Budget Office has indicated the Department of Finance is not providing estimates for the help-to-buy scheme. Is that correct? It has concluded the scheme may not be providing good value for money. Are our guests aware of that?

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