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
Mr. Derek Moran:
The participation of the IMF as part of the troika is essentially a European choice. It is the decision of the three funding agencies, not only what we would like. We have two visits from the troika annually. They are relatively short compared to what they were. They are primarily interested in our capacity to repay the money we owe it. There is nothing much beyond that. In terms of an annual article 4, our relations with the IMF is back to a regularised position. That is our main engagement with it It is always useful to get some sort of external view. We get that primarily through engagement in the traditional way, such as with the OECD and the IMF visits, not from the surveillance missions.