Oireachtas Joint and Select Committees
Wednesday, 5 July 2023
Committee on Budgetary Oversight
Sovereign Wealth Funds: Discussion (Resumed)
Mr. Pat Leahy:
Yes. There is a balance to be struck to between the extent of how much money it can invest usefully in the economy. As the Deputy knows, it has the double-line mandate. It invests in Ireland. It has to make profitable commercial investments as well. I think that would have to be maintained in any future structure, should the Ireland Strategic Investment Fund be there.
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