Oireachtas Joint and Select Committees

Thursday, 3 April 2014

Public Accounts Committee

2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management

12:20 pm

Mr. Robert Watt:

My understanding of the legislation is that the Minister for Finance will input into the overall strategy and focus but individual commercial decisions are for the body set up within the National Treasury Management Agency. There is a role for public policy and the Government in setting broad goals. I do not see a reason there cannot be regard to the regional impact of the investment or the types of projects and the impact they have.