Seanad debates
Thursday, 5 March 2009
Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Committee Stage
4:00 pm
Martin Mansergh (Tipperary South, Fianna Fail)
As Senator Harris noted, it was a prudential decision. I hate to think of the circumstances we would face today if we did not have the fund, given the banking crisis that has come on top of the budgetary and employment crises.
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