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Comment #1293420 by Seán Ó Briain

Seán Ó Briain Jun 15th 2013, 2:29 PM #

Wasn’t this part of Sinn Féin’s budget proposal? The same proposal Fine Gael accused of being economically illiterate? And now the follow it to the exact word? The mind boggles. Here’s hoping it’s invested correctly and efficiently. The economy needs a good kick-start.

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Bruton defends spending the last of the nation's savings

Bruton defends spending the last of the nation's savings

The final €6 billion left in National Pensions Reserve Fund is to be used to boost employment, says Richard Bruton TD.

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    Favourite gerbreen
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    Jun 15th 2013, 2:34 PM

    expect a few well staffed FG \ LAB supporter quangos on the back of this!

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    Favourite Jim Walsh
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    Jun 15th 2013, 5:38 PM

    Actually this was part of the FG manifesto in the last election.

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    Favourite Ignoreland
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    Jun 15th 2013, 6:26 PM

    “There’s always money in the National Pension Reserve Fund” is pretty much the mantra for every political party in Ireland. Sinn Féin were certainly not the first to come up with that.
    If you look at Sinn Féin’s proposals (which are here http://www.sinnfein.ie/files/2012/SF-Jobs-Doc-web.pdf, ) they’re proposing €13billion in stimulus of which only €5.8billion would come from the NPRF. It’s the other €7.2 billion (money from the European Investment Bank and private investors) that comes from less certain sources and so doesn’t really add up.

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