Dáil debates

Wednesday, 4 March 2009

Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Second Stage (Resumed)

 

12:00 pm

Photo of Frank FaheyFrank Fahey (Galway West, Fianna Fail)

In December 2004, Deputy Burton stated:

And we have the money. Once again, this year, the General Government Balance is in surplus. There is scope for judicious exchequer borrowing if required, and there are extensive cash balances in the national pension reserve fund. All that is needed is some imagination and some drive.

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