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

9:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

What is stopping us from clearing that? What interest rate are we paying? The witnesses spoke about refinancing some of our debts. Would it not be better to borrow now over a longer period at a cheaper rate? I recall that the Kingdom of Demark and Swedish money was a little higher than the average. Why are we continuing that?