Oireachtas Joint and Select Committees
Thursday, 23 November 2023
Public Accounts Committee
Appropriation Accounts 2022
Vote 45 - Department of Further and Higher Education, Research, Innovation and Science
Financial Statements 2022: National Training Fund
Report on the Accounts of the Public Services 2022
Chapter 19: National Training Fund
9:30 am
Dr. Colm O'Reardon:
As I understand it, the surplus is managed for the Department by the National Treasury Management Agency. Approximately 3% is our expectation. It is important to point out that in previous years, that would not have been a very large amount of money but it is becoming a significant amount of money.