Seanad debates
Tuesday, 17 December 2002
National Development Finance Agency Bill, 2002: Committee and Remaining Stages.
The Minister made the point that he did not want to influence the economy unduly at a time when things were going quite well, but by the Minister's own admission the Celtic tiger has become a bit quieter. It would be appropriate for the Minister of State to accept this amendment because it does not commit the Government to using funds from the national pensions fund but would allow the NDFA to manage an investment from the fund if it decided to invest in infrastructure in order to obtain the best possible return. I urge the Minister of State to consider this amendment because it is a reasonable one.
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