Oireachtas Joint and Select Committees

Wednesday, 25 January 2023

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Economic Issues: Engagement with Governor of the Central Bank of Ireland

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Does Mr. Kincaid accept we are going into an era of arrears, given that interest rates are rising sharply and, as the Governor said, will rise next week, again in March and potentially beyond that again? Does Mr. Kincaid accept that families will now fall into arrears and that it is up to financial institutions to have a suite of options available to assist those families?

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