Seanad debates

Thursday, 5 February 2009

10:30 am

Photo of Paul CoghlanPaul Coghlan (Fine Gael)

I know that, but I would like to ask the Leader a question about the necessary legislation. When will the Bill governing the National Pensions Reserve Fund be amended to provide for billions of euro to be taken from the fund? We do not know how much will be taken. This measure will affect the availability of credit and normal working capital to businesses that are being choked and are suffering badly. The Government's dithering on this issue is severely damaging our economy. We need to support business. Until that is done, we will have no trust and no confidence. I look forward to hearing from the Leader on this vital matter.

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