Eamon Quinn: McGrath bets on economic prosperity

Flooding in Bantry following Storm Agnes last month. The Infrastructure, Climate and Nature Fund has been set up to meet the demands of spending under the National Development Plan, and to ensure that the huge amounts of spending that will be required to close Ireland’s infrastructure deficit will be at hand.
Michael McGrath has set out plans for not one, but two distinct investment funds, marking something of a wager on long-term prosperity despite concerns over whether the State will continue to tap the huge tax revenues from the multinationals.
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