Oireachtas Joint and Select Committees

Wednesday, 22 November 2023

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion

Mr. Oliver Gilvarry:

On the shares, the dividends that come in are any receipts from the disposal of AIB that is in the directed portfolio and ISIF which basically come back in through to the Exchequer.

In response to the Deputy's point on dividends, at a point in time when we have sold all the shares in AIB, for example, no further dividends will come into the State. The dividends are only coming in because of the shares we hold in the bank.