Dáil debates
Thursday, 30 May 2019
Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation
12:45 pm
John Brady (Wicklow, Sinn Fein) | Oireachtas source
We hear today that NAMA anticipates a €4 billion surplus when it is wound up. This is not profit, it is just less of a loss to the people. The housing crisis rages on and our broadband network requires billions of euro one way or another. The Government has been clear that its policy choice is to use this money to write down debt at a time when borrowing has never been cheaper. We need a full debate not just here but also across society on the best use of this money which will start coming in 2020 when €2 billion is due. Will it be put to public use or wasted like the billions already frittered away by Fine Gael on consultants and spiralling costs?
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