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

Mr. Seamus McCarthy:

Another thing to bear in mind is there were balances in funds that were drawn down during Covid. I think the Social Insurance Fund had about €3 billion in it at the beginning of Covid and nothing at the end. In addition, €5 billion or €6 billion was added to the debt and there was also the loss of this value that was sitting in other funds, which I think could have been-----

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