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Ibec wants national pension fund to be used for infrastructure.
(From Sunday Business Post)
Byline: Eamon Quinn,Business Editor
Dublin, Ireland, 27 October, 2002 Business leaders are stepping up calls for the Minister for Finance, Charlie McCreevy, to tap some of the billions invested in the National Pension Reserve Fund to save key infrastructure projects.
The pension fund has yet to invest arounde2 billion, or an estimated quarter of the fund's value, in shares and other assets, according to The Sunday Business Post's calculations. The money, which remains in cash, could be readily available for investment in roads projects.
The National Pension Reserve Fund was set up to meet some of the costs of …
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