Oireachtas Joint and Select Committees

Thursday, 30 November 2023

Public Accounts Committee

Appropriation Accounts 2022
Vote 7 - Office of the Minister for Finance
Finance Accounts 2022
Report on the Accounts of the Public Services 2022
Chapter 1 – Exchequer Financial Outturn for 2022
Chapter 2 – Reporting Ireland’s EU Transactions
Chapter 24 – Performance of the Ireland Apple Escrow Fund
Chapter 25 – Irish Fiscal Advisory Council

9:30 am

Photo of Marc Ó CathasaighMarc Ó Cathasaigh (Waterford, Green Party) | Oireachtas source

That would certainly be to our benefit as members of the Committee of Public Accounts.

I will return to the broader question in a minute but Mr. Hogan mentioned the recovery and resilience facility, RRF, and we have been tardy in putting the application together for its drawdown.

On the European Regional Development Fund, ERDF, my information is that €283 million was drawn down in 2021 but I have no information for 2022. The most information I have is a bare statement from page 27 of the Department's report. That is all I see and that is all the oversight there is. This is an issue that was raised by the president of the European Court of Auditors when he visited the Oireachtas last week when Deputy Naughten had him in for a briefing. We have been slow in drawing down the RRF and I am seeing a zero value recorded in 2022 for the ERDF, which again is a sizable pot of money.

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