Oireachtas Joint and Select Committees
Wednesday, 1 May 2024
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Committee Stage
5:30 pm
Rose Conway-Walsh (Mayo, Sinn Fein) | Oireachtas source
Sorry. On section 6, obviously it provides for the investment policy of the future investment fund but at present the only specification under the investment strategy is that moneys may be invested inside and outside of the State. The State is suffering from a chronic housing shortage and infrastructure deficits. Our concern relates to the constraining effect that legislated contributions to the future investment fund could have on public investment in the years ahead. Investment of moneys within the future investment fund should have a domestic focus, particularly in areas of infrastructure and housing to boost the productivity capacity of our economy. Will the Minister speak to that?
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