Oireachtas Joint and Select Committees
Tuesday, 7 February 2017
Joint Oireachtas Committee on the Future Funding of Domestic Water Services
NewERA, National Treasury Management Agency
12:00 pm
Eoin Ó Broin (Dublin Mid West, Sinn Fein)
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We know the parameters within which borrowed funding for Irish Water has operated and I am very clear on the cost of the short-term borrowing as the €20 million figure that is in the report, but what is the projected cumulative cost of the borrowing from 2014 to 2017?
According to Irish Water there is additional borrowing from 2018 to 2021 and I would like to know what the difference is in real terms between the cost of that borrowing from the original business plan and option three, and if there is a figure that can be calculated or forwarded to us.