Oireachtas Joint and Select Committees

Thursday, 4 July 2019

Public Accounts Committee

2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018

9:00 am

Mr. Conor O'Kelly:

We feed in our assumptions to the Department in the form of economic statements and projections of the cost of the debt and of financing. We get forecast estimates of the Exchequer surplus or deficit for the years ahead. As those change, we have to adjust our strategy. That is the way it works. The Government is in charge of economic policy and if it wants our advice, we give it when asked.