Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

It is welcome that the report will be laid before the Houses before the summer recess because there is a big judgment call to be made on NAMA in the near future. It is clear that it has ramped up its disposal activity, is taking advantage of the more favourable conditions in the property market and ahead of schedule in the disposal of the overall loan and property book it acquired. This judgment call will have significant implications for the property market and the economy generally and it is important that all relevant factors are taken into account and that there is a careful weighing up of the different factors. I know that there are also considerations in respect of AIB's balance sheet which will be important in the Minister's considerations. It is an important judgment call and I would like to know whether the conclusions of the review in the next month or so will result in that decision being made public. Does the Minister intend to examine the possibility of setting a revised date ahead of 2020 for completion of NAMA's work?

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