Michael McGrath (Cork South Central, Fianna Fail)

I repeat my key question. Does the Minister for Finance, as Minister in charge of NAMA, share the confidence of the chairperson of NAMA that the agency will, at least, break even over the course of its lifetime? The Minister has restated the position of NAMA itself. We are well aware of that. It is on the public record. I want to know the Minister's own view. Does he agree with what the chairman has said? Can he confirm that?

I also asked about the timeframe for the operation of NAMA. Does the Minister envisage NAMA completing its work by 2020? Does he agree that it would be appropriate, given the changes in the Irish economy and the property industry since July 2010, that the business plan should be updated so that we can do a rigorous analysis of where NAMA is today?

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