Seanad debates
Thursday, 29 October 2009
Order of Business
Dan Boyle (Green Party)
It is a central question. Whatever model is chosen, the effect has to be to restore liquidity and get money moving in the economy again. Even after NAMA, it has to be admitted that the capital reserves of the financial institutions and the ratios between deposits and what they are lending will probably still not be adequate. An ongoing job needs to be done to get that money flowing. It is being constantly said that Government cannot direct lending. However, it is possible in the legislation coming before this House to have that lending specified in proportional terms. The money needs to go to small businesses to keep the economy running on an even keel. I hope the debate we will have on the legislation will inform that.
Senator Bacik asked about a debate on the Commissions of Investigations Act 2004 and referred to a particular section in the light of possible delays in the publication of special commission of investigation reports. Ideally, all of us want an early debate on such reports. I have no reason to believe that within Government there is any intention of delaying publication of the report on child sexual abuse in the Archdiocese of Dublin, given the recently publication of the Ryan report. This is of a piece in an ongoing debate we need to have in this country and I hope the report is published as quickly as possible. I am aware there are legal situations as regards ongoing court cases and the naming of individuals that have delayed it to date. I shall undertake, however, to ask the appropriate Minister and if there are other factors I shall inform the House as to when the report might be available.
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