Oireachtas Joint and Select Committees

Wednesday, 29 November 2023

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance (State Guarantees, International Financial Institution Funds and Miscellaneous Provisions) Bill 2023: Committee Stage

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

Okay. I am not sure that the Commission's view is that 70% is the case now but it was in 2022. Obviously, there are no loans being provided. If that is the case, then that is the case. I am not sure that the EIB has the same provisioning rate that the Minister of State outlined to the committee here today.

Can the Minister of State give us an overview of the funding objectives under each of the programmes that she is asking the committee to agree these guarantees towards? What are the funding objectives in terms of each of the four programmes?

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