Minister McGrath designates RTÉ & TG4 to NewERA

The Minister for Finance, has signed the relevant Statutory Instrument under Section 18(3) of the National Treasury Management Agency (Amendment) Act 2014
by IFSC News
18 Jul 2023
IFSC

International Financial Services Centre

to provide that RTÉ and TG4 are designated bodies in respect of whom the New Economy and Recovery Authority (NewERA) can provide certain financial and commercial advisory services to relevant Ministers. This designation follows on from the recommendation of the Future of Media Commission report, published in 2022 to designate RTÉ and TG4 to NewERA. 
 
Minister McGrath commented: 
“I am pleased to have processed the designation of RTÉ and TG4 to NewERA following the recommendations of the Future of Media Commission report and the recent issues surrounding RTÉ. NewERA provides vital financial and commercial advice service to Ministers and Departments in relation to the commercial Semi-State sector companies under its portfolio and brings a detailed and comparative knowledge across various sectors. I look forward to and will consider their advice and contributions in respect of RTÉ and TG4 in the coming months”.
 

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