Debt discrepency in the National Accounts – Public Accounts Committee, Thursday 3rd November 2011.

Posted November 18th, 2011

When the Public Accounts Committee convened on Thursday 3^rd November to discuss the debt discrepancy in the national accounts, I was struck by how many simple questions remained to be answered and directed the following to the Secretary General of the Department of Finance:

• How the problem was communicated upwards when it was first discovered?
• Reason for the delay in information reaching the Minister after its discovery?
• The particular points in the system where mistakes were made.

Please see an excerpt of my questions here.

The full transcript of the Public Accounts Committee meeting of Thursday 3^rd November can be found here.