Dáil debates

Wednesday, 9 July 2014

National Treasury Management Agency (Amendment) Bill 2014: Report Stage (Resumed)

 

4:25 pm

Photo of Fergus O'DowdFergus O'Dowd (Louth, Fine Gael) | Oireachtas source

I am entitled to make my point. Both sides of the House want this to happen and agree that the more money that is invested the better. I have no problem with doubling the money. If the State invests X and a private enterprise invests X, then X + X = 2X. This is the reality.

The law the House is passing tonight and that I hope the Opposition will support does exactly what the Deputies and the people want. Public housing or other projects can be built if a project meets the criteria and is not on the State's balance sheet.

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