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. Des Carville:

That is exactly the case. It is completely independent. It is owned in its entirety by the private sector. It is up to the board of management to set rates as it sees fit, based on a range of factors, ranging from driving markets share to competitive forces, where it thinks rates are going to go and so on.

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