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)

I have no doubt that the investment, the first €4 billion invested in the two main banks, will have a significant impact in ensuring that we have a good banking sector in this country. While there are no proposals to put more money in at this time, and we hope there will not be, this is enabling legislation that allows for further investment in the banks if necessary.

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