Oireachtas Joint and Select Committees

Thursday, 15 May 2025

Public Accounts Committee

Business of Committee

2:00 am

Photo of Séamus McGrathSéamus McGrath (Cork South-Central, Fianna Fail)
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That is great. On the €6.5 million in the account without any interest, I presume the argument is that it may be needed on demand and so on, but it does not seem to be a good use or good treasury management that it was not earning some degree of interest. I am sure there are financial products out there where you can have money on demand and still receive some interest, so I think that is certainly something we need to pursue.