Oireachtas Joint and Select Committees
Thursday, 23 November 2023
Public Accounts Committee
Appropriation Accounts 2022
Vote 45 - Department of Further and Higher Education, Research, Innovation and Science
Financial Statements 2022: National Training Fund
Report on the Accounts of the Public Services 2022
Chapter 19: National Training Fund
9:30 am
Marc Ó Cathasaigh (Waterford, Green Party) | Oireachtas source
I would be interested in having some sort of rough calculation on that because if one maps it over a figure of over €1 billion, it essentially means that by allowing it to sit there, we are losing money. We are bleeding taxpayers' money through the differential between the interest rate. I am aware of the clock.
On the European Social Fund, ESF, we got nothing in 2022. In the receipts of 2021, we got €82 million. What is the explanation for not getting any ESF funding at all into that?
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