Oireachtas Joint and Select Committees

Tuesday, 22 July 2025

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach

Engagement with the NTMA on Matters Relating to its Operation

2:00 am

Photo of Shay BrennanShay Brennan (Dublin Rathdown, Fianna Fail)

Great. I am just trying to understand the net debt figure. This is €157 billion and it is based off €218 billion debt and whatever is in our two sovereign wealth funds.

That still leaves a gap of between €40 billion and €50 billion. What is that? Is that short-term cash?

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