
The 65 billion euro question: how to spend the massive budget surplus
In The News
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The National Investment Fund
The finance minister is now talking about expanding that if you like into a much larger I don't know what he's going to call it national investment fund. He won't call it a sovereign wealth fund No, that sounds too kind of Qatar and yeah, I remember I think but national investment fund or whatever. The idea would be that some of that money would be left in cash and some of what would be invested And that it would be Set aside to pay for these big costs that we face over the next kind of 10 or 15 years. We need a 10 year program as politics isn't really good at 10 year programs because everyone wants everything now.
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