Dáil debates
Tuesday, 30 January 2018
Other Questions
National Debt Servicing
6:00 pm
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
This question relates to the application of the fiscal rules to one-off receipts, whether it be the sale of a stake in banks that the State might hold or a NAMA surplus which will materialise in the coming years. Has the Minister for Finance raised or made any progress with the Commission on getting additional flexibility on how such proceeds can be used as opposed to being bound by the rules, certainly when it comes to a financial transaction, that the Government must use the proceeds to pay down debt?
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