Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

We support the Minister's commitment to see out the three year programme and stick to it. The troika will not be here next year. Therefore, what the troika says or does, does not matter. It has told us it will make an annual visit to wish us well and to send on their cheque. The Minister also said he wanted to ring-fence it and that he hoped to acquire interest on an account he will hold somewhere in the meantime. We are now into that hopeful situation where we might have a way of resolving the issue. The Minister has given no specifics. I am a member of the Committee of Public Accounts. The reason I raise the issue is that I do not know the mechanism by which this will be done. If the Minister was to say on Report Stage that he will hand the proceeds to the National Treasury Management Agency to manage the fund I would accept that but he will not even do that.