National Treasury Management Agency
Dail Éireann — 2025-12-09
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Simon Harris (FG), Wicklow

I will discuss and get an overview on a variety of issues with the NTMA at a first sit-down meeting. ISIF has divested from six companies on the UN database. The NTMA also divested from directly held sovereign bond holdings with a global portfolio across Egypt, Israel and Jordan in July 2025.
It is important to note, as my notes suggest, that companies can come onto and off the UN database.
Many of these companies are large, global companies. There needs to be that context too. These are large, global companies which can have a presence right across the world. Ireland's position on the occupied Palestinian territories has been clear and consistent in relation to their illegality. ISIF obviously has independence in relation to its investment strategy. That is not just independence that I say but independence under the law of the land, the NTMA Act, and under the investment committee that reports to the NTMA.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2025-12-09/debate/main
Retrieved: 2026-08-14T04:54:26+00:00
Sitting date: 2025-12-09