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:

The money is on the State's balance sheet so it would require a Government decision to allow balance sheet borrowing. That is about TUs' own capability to develop income streams and all of that. It is certainly an ambition for the Department, particularly around student accommodation in the first instance.