48 Deputy Willie Penrose asked the Minister for Finance his views on the impact that falls in global equity markets have had on the National Pension Reserve Fund; his views on whether liquidating any of the NPRF’s equity holdings while global equity markets were at rock-bottom prices would be unwise; if he will propose modifications to the NPRF’s investment guidelines or portfolio make-up; if he will propose legislation in the coming months with respect to a modification of the operation of the NPRF. [38813/08]

Summary

48 Deputy Willie Penrose asked the Minister for Finance his views on the impact that falls in global equity markets have had on the National Pension Reserve Fund; his views on whether liquidating any of the NPRF’s equity holdings while global equity markets were at rock-bottom prices would be unwise; if he will propose modifications to the NPRF’s investment guidelines or portfolio make-up; if he will propose legislation in the coming months with respect to a modification of the operation of the NPRF. [38813/08]

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• Proposed Legislation.

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