Dáil debates

Thursday, 18 May 2017

Other Questions

Sale of State Assets

5:20 pm

Photo of Catherine MurphyCatherine Murphy (Kildare North, Social Democrats) | Oireachtas source

That shows how eminently wise the Dáil was today in voting not to sell AIB shares until the fiscal rules were renegotiated. The rules favour the economies of countries where infrastructure is more developed. We will end up incurring fines, for example, owing to missing climate change targets because we do not have the ability to spend money on required projects and that will produce a cost for us into the future. What efforts are being made to renegotiate the fiscal rules to ensure that, as a country that is developing, we will have the capacity to spend to deal with essential issues to ensure sustainable development?

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