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 Catherine MurphyCatherine Murphy (Kildare North, Social Democrats) | Oireachtas source

-----and on what role, if any, the Department of Finance or the Department of Public Expenditure, National Development Plan Delivery and Reform has in inputting into that kind of a mechanism or if it is exclusive that the Department deals with it and makes that decision. I have no problem with us having borrowings when there are assets on the other side. It is an entirely different thing when there are assets on the other side such as the investments in infrastructure, transport, and housing and so on, because effectively they can end up saving money. We are spending a lot of money, for example, on housing assistance payments which is going to be a residual cost instead of the capital cost of actually building.

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