Peadar Tóibín (Meath West, Sinn Fein) | Oireachtas source

I think Dr. Gurdgiev has answered the question in saying that they have not passed on that benefit yet.

The primary objective of this is, obviously, the inflation rate but there are many other objectives with regard to stimulating the general economy. This seems to be quite a blunt tool to a certain extent. Would it not have been more useful and targeted for the EU, for example, to invest in a stimulus programme throughout Europe, increasing the capital infrastructure to improve efficiencies and competitiveness into the future and also put people back to work given the crisis in unemployment levels? That would have had a similar effect to increasing aggregate demand which would also have addressed the inflation issue but would have been more targeted and would have left us with more as a society.