Wednesday, September 28, 2011

An Audit of Ireland's Debt

I recently had the pleasure of attending the launch of the results of an audit of Ireland's debt in Buswell's Hotel.

Carried out by a team of researchers from the University of Limerick and led by Dr. Sheila Killian, 'An Audit of Irish Debt' provides a very accessible picture of Ireland's debt. The audit was commissioned by the trade union UNITE and the Irish NGOs Afri and Debt and Development Coalition Ireland. Based on information from the Central Bank, the ECB, the CSO and NTMA as well the financial accounts of various financial institutions, Reuters data, Dáil questions and wikileaks cables; the report is extremely thorough.

Of key importance though is that the report is independent and politically neutral.

It may sound like a dry read but the information within this audit personally affects every citizen in Ireland and is well worth a look.

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