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

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9:30 am

Mr. Seamus McCarthy:

It actually goes back to the foundation of the fund. There were only four years since its foundation in 2001 when there was a deficit, which would have pulled down the accumulated surplus.

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