Seanad debates

Tuesday, 17 December 2002

National Development Finance Agency Bill, 2002: Second Stage.

 

The NDFA will provide expert financial advice and, in some circumstances, it may provide finance. It will underpin and augment existing arrangements. It will not replace, supersede or duplicate these arrangements nor will it add another layer of bureaucracy. The National Development Finance Agency should achieve significant savings on project costs through negotiating optimal financing packages and reducing consultancy fees.

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