Oireachtas Joint and Select Committees
Wednesday, 28 May 2025
Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach
Developments in the Economy in the Year to Date: Minister for Finance
2:00 am
Shay Brennan (Dublin Rathdown, Fianna Fail)
The Minister is referring to the sovereign wealth fund. There are two funds there accruing money; two saving accounts, in essence, for want of a better way to describe them. What are we saving for? What is the Government's ambition for those funds? I hope they will not have to be spent on fines. Is there an ambition down the road to build them up to €50 billion or €100 billion and, at that point, start to look at what projects are available?
No comments