Oireachtas Joint and Select Committees

Thursday, 7 October 2021

Public Accounts Committee

2020 Annual Report of the Comptroller and Auditor General - Chapters 15 and 16
2019 Annual Report of the Comptroller and Auditor General - Chapter 16
National Treasury Management Agency - Financial Statements 2020

9:30 am

Mr. Conor O'Kelly:

First, I do not really have an opinion on that and I do not think I have expressed one in the past. What we have tried to do is tell the committee and policymakers what we are hearing from investors. What really matters is not what I think but what our investors, who are lending us the money, think the risks are to Ireland and how are they viewing those risks. On corporation tax and certainty around Ireland’s fundamental industrial model around attracting multinational corporations and having this dual engine economy, any threat to that or any change to that is understandably a concern and they are watching developments very closely. It has been the position for the last year. I do not know if Mr. O'Connor wants to comment as he has been on the road with investors – virtually, of course - for the last 12 months. It is their No. 1 concern at the current time.