Seanad debates

Thursday, 28 June 2012

Credit Guarantee Bill 2012: Committee Stage

 

11:00 am

Photo of Colm BurkeColm Burke (Fine Gael)

One of the things the Government is doing is achieving efficiencies in the public sector, which is long overdue. We have been spending money where we have not been achieving value for money, but the Government is seeking to change this and will continue to do so.

The amendment would require the Minister to produce a report every 12 months, but it would not give him the flexibility he requires. If a report is produced and the Minister becomes concerned about something six months later, it appears the amendment would not give him the flexibility he would need to deal with the matter.

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