Seanad debates

Tuesday, 17 December 2002

National Development Finance Agency Bill, 2002: Second Stage.

 

I believe PPPs are useful in principle but we must be discriminating in the way they are approached, and careful to ensure there is accountability to this House with regard not just to the overall budget but to individual projects. That has already been lost by the use of the NRA and may become more diffuse if the NDFA is introduced. The Labour Party is opposed to this Bill largely because it is unnecessary but also because my party is suspicious of the motives of the Minister in introducing it.

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