Oireachtas Joint and Select Committees

Thursday, 21 July 2016

Public Accounts Committee

2014 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 2 - Government Debt
Chapter 24 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2015

9:00 am

Mr. Conor O'Kelly:

Those discussions are ongoing and it will be necessary for legislation to go through, which could be an issue in terms of timing. Discussions are taking place, however, there is a working group with the Departments of Public Expenditure and Reform and Transport, Tourism and Sport and the NDFA and they are looking at moving that forward. We also are talking to staff. About 40 out of the 60 staff members in the NDFA will be affected by this. It has been a highly uncertain environment for them because this has been in the public domain for a number of years. We have to manage a group of staff who currently are working on some significant projects while their future is uncertain. We are anxious to move everything through as quickly as possible.