Róisín Shortall (Dublin North West, Labour)
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Question 59: To ask the Minister for Finance his views on the introduction of a savings incentive scheme aimed at welfare dependant and low income families and based on their welfare payment to encourage saving and to reduce reliance on money lenders. [18623/08]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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I assume the Deputy is suggesting the development of a savings scheme for low-income households similar to the SSIA scheme which has now concluded. As the Deputy knows, the SSIA was successful as a once-off initiative which helped to foster the savings habit across a wide range of social groups. I have no plans to re-introduce it at present.