Ireland 'in better position now than after the financial crash'

The country is in a much better position economically after the Covid-19 crisis than it was in the aftermath of the financial crash, an Oireachtas committee will hear. Picture: Leah Farrell/RollingNews.ie

Ireland is in a much better position economically as the country returns to normality after the Covid-19 crisis than it was in the aftermath of the financial crash, an Oireachtas committee will hear on Thursday.

Conor O’Kelly, the chief executive of the National Treasury Management Agency (NTMA), is expected to tell the Public Accounts Committee that the NTMA issued just under €36bn in debt since the beginning of the pandemic, at an average interest rate of 0.16%.