David Stanton (Cork East, Fine Gael) | Oireachtas source

Dr. Brennan's documentation stated that it will reduce transaction time, reduce costs, reduce service delays, improve transparency of the process, reduce risk, meet the demand for electronic service delivery, increase consumer confidence in the process and so on. That is a win-win situation, as Deputy Ferris has said. We are anxious that the initiative is moved on as quickly as possible and will be active well within the two and a half years, if possible. Deputy Ferris suggested that we invite everybody to return here in 12 months' time to give a progress report. Her suggestion might be of interest.

I am delighted the lenders are here today and understand they could not attend on the last day. Everyone now seems to be heading in the same direction. I wish the project well on behalf of myself and my colleagues here. We will do anything that we can to help as a committee, and an Oireachtas, because this initiative is a win-win. People have rolled up their sleeves but I urge them to roll them up further in order to get the initiative moving. I thank everyone for being here today.