Oireachtas Joint and Select Committees

Thursday, 2 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Okay. So, that's the second key area that you identified. The third key area you identified was not spending or continuing to put a 1% of GNP into the National Pensions Reserve Fund. Given the fact that this was statutorily required under section 18 of the National Pensions Reserve Fund since the year 2000, how could this be a measure that would actually try and deflate the increase in property prices during that period or-----

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