State investment fund to stoke economic growth

The Government has launched a strategic investment fund that will be able to tap the €6.4bn pension fund to make commercial investments in the economy.

State investment fund to stoke economic growth

The Ireland Strategic Investment Fund (ISIF) was created through the National Treasury Management Agency (NTMA) (Amendment) Bill 2013, which also formally establishes NewERA.

The Government announced NewERA in Sept 2011, to oversee the commercial state sector, including the disposal of state assets and investments.

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