Oireachtas Joint and Select Committees
Thursday, 17 November 2022
Public Accounts Committee
2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund
9:30 am
Mr. John McCarthy:
I will do so in one moment. Second, the Minister tried to capitalise the national reserve fund, sometimes called the rainy day fund. He is putting €2 billion into the fund for this year and €4 billion for next year, so we will have that little bit of a fiscal buffer to be able to absorb, at least to some extent, the shock.