Oireachtas Joint and Select Committees

Thursday, 6 July 2017

Public Accounts Committee

2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015

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9:00 am

Ms Ann Nolan:

Not only that, it would not affect the fiscal space because our ownership of the bank is a financial asset. When assets come back from there, we are just changing one financial asset into another. It is not income in the fiscal space sense.

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