Dáil debates

Wednesday, 16 November 2011

Infrastructure and Capital Investment 2012-2016: Statements (Resumed)

 

1:00 pm

Photo of Brendan HowlinBrendan Howlin (Wexford, Labour)

That is perhaps a matter for a separate debate, perhaps by way of parliamentary question, in regard to structures and so on.

The idea is that we would consider how to get a better commercial take and how to front-load money. We expect the amount of money we can front-load will more than cover the component required for the national children's hospital. It is not notionally linked to it: it will guarantee that the national children's hospital will proceed. We have a choice to make. In the plan Deputy Dooley's Government produced there is an element for philanthropy and we need to make a call on how robust that component might be in the current climate. Regardless, we are determined to build the national children's hospital in the timelines provided, assuming that planning permission is granted as expected.

Regarding access to money from the banks, the problem is the State's capacity to borrow. We are constrained in what we can borrow as a State because we have-----

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