Dáil debates

Thursday, 12 May 2011

3:00 pm

Photo of Éamon Ó CuívÉamon Ó Cuív (Galway West, Fianna Fail)

I seek clarity on this issue because the Government recently has been engaged in considerable use of statements like "on the one hand and on the other". On one day it states the assets must be used in a sell-off of State assets while on other days, one is told the great big new idea is to have a massive investment in reinvestment, which obviously all Members would welcome. Will the Minister of State crystalise in a "Yes" or "No" answer whether the proceeds will be used for NewERA and whether that is guaranteed? Is he stating today that €4.9 billion of the National Pensions Reserve Fund will be used for NewERA?

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