Seanad debates

Tuesday, 17 December 2002

National Development Finance Agency Bill, 2002: Second Stage.

 

It has been widely accepted that the national development plan is in disarray. The plan's problems do not involve finance, but the delivery of the projects it contains. In recent weeks, it seems that urgent planned capital projects have been delayed or shelved, particularly in primary schools and third level institutions. No definite dates have been given for the projects to continue. There seems to be a view among many people that the national development plan will cost about €80 billion, which is a substantial amount of money. The interrupted flow of funding to the NDP has led to many difficulties for project managers.

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