Mary Lou McDonald
Question:111 Deputy Mary Lou McDonald asked the Minister for Finance if he will provide a list of all non-commercial State agencies under the aegis of his Department. [30783/11]
View answerDáil Éireann Debate, Tuesday - 25 October 2011
111 Deputy Mary Lou McDonald asked the Minister for Finance if he will provide a list of all non-commercial State agencies under the aegis of his Department. [30783/11]
View answer115 Deputy Mary Lou McDonald asked the Minister for Finance if all non-commercial State agency employees under his Department’s aegis are paid directly from the Exchequer. [30888/11]
View answer137 Deputy Mary Lou McDonald asked the Minister for Finance if he will provide a list of all commercial semi-State companies under his aegis. [31393/11]
View answerI propose to take Questions Nos. 111, 115 and 137 together.
In response to the Deputy's questions there are 2 bodies which are classed as commercial agencies and one body classed as non-commercial State agency which come under the aegis of my Department.
The commercial bodies are Anglo Irish Bank and The National Asset Management Agency.
The non-commercial State agency which comes under the aegis of my Department is The National Treasury Management Agency (NTMA). The NTMA is responsible for borrowing on behalf of the Government and managing the National Debt. It also acts as the State Claims Agency, the Manager of the National Pensions Reserve Fund and is the body through which the National Development Finance Agency performs its functions. NewERA has been established in the NTMA, initially on a non-statutory basis. The NTMA assigns staff to the National Asset Management Agency (NAMA) and also provides NAMA with business and support services and systems.
The expenses of the NTMA, including staff costs, are paid directly from the Central Fund. NAMA reimburses the NTMA the costs of staff assigned to NAMA and the costs of business and support services provided to NAMA from its own resources.