Oireachtas Joint and Select Committees
Thursday, 28 March 2019
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
National Surplus (Reserve Fund for Exceptional Contingencies) Bill 2018: Committee Stage
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
Regarding the statutory provision, what is being set out is a framework to bring the fund up to €4 billion. The initial sum will be €1.5 billion through ISIF. That will be followed by €500 million for five consecutive years.
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