Seanad debates

Tuesday, 17 December 2002

National Development Finance Agency Bill, 2002: Second Stage.

 

I do not know whether the National Development Finance Agency is an additional body as such, but after the national spatial strategy and the national development plan, it is not worth moving on to bodies such as this to finance projects. The National Treasury Management Agency was investing abroad and losing money, in many cases, because of currency differentials. We must be innovative if we want a return from future infrastructural projects. As the Minister said, the national purse is empty. The Celtic tiger is not roaring as much as he did heretofore. What is left to finance infrastructural projects so that Ireland may advance in the future?

Comments

No comments

Log in or join to post a public comment.