Oireachtas Joint and Select Committees
Tuesday, 3 July 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Role and Operation of National Development Finance Agency: Discussion
1:30 pm
Mr. Gerard Cahillane:
No. The decision to go the PPP route in respect of this was made in 2012. It was part of the Government's stimulus package. These schools - nine other projects were involved in this as well - were either being delivered as PPP projects or they were not being delivered at all.
These were additional projects that were allowed by the troika because they were off-balance-sheet.