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Government set to approve new multibillion-euro public investment fund

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The Irish state is planning to establish a “counter cyclical” investment fund that will invest in infrastructure and other capital projects during economic downturns

The government is set to sign off on a new multibillion-euro public investment fund in the coming weeks, which will invest in infrastructure and other capital projects during periods of economic downturn.

The new investment fund, which will be administered by the National Treasury Management Agency , will be established alongside a new state savings pensions fund later this year. It’s understood both funds will initially be financed from windfall corporate tax receipts, which are ...

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Government set to approve new multibillion-euro public investment fundThe Irish state is planning to establish a “counter cyclical” investment fund that will invest in infrastructure and other capital projects during economic downturns
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