Seanad debates
Tuesday, 17 December 2002
National Development Finance Agency Bill, 2002: Second Stage.
Charlie McCreevy (Kildare North, Fianna Fail)
The Senator's colleague asked – this question was also discussed on Committee Stage in the Lower House – why not change the NTMA Act to allow that agency to operate in this area. The reason is that the NTMA would be at cross-purposes. The NTMA's job is to borrow money for the State at the lowest possible cost while the NDFA will try to obtain the best possible deal for a particular project.
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