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Dáil Issues, Finance, Health, National, Parliamentary Questions

To ask the Minister for Finance if the National Surplus Reserve Fund will be used to fund cost overruns at the national children’s hospital.

REPLY

The “National Surplus (Exceptional Contingencies) Reserve Fund” which is also referred to as the Rainy Day Fund, is intended to be an economic buffer available for drawdown in the event of a sharp economic downturn. It is intended to allow the Government of the day to mitigate the effects of such a downturn.
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Dáil Debates, Transport Tourism and Sport