Secondly, would the Minister confirm that of the money available for the IDA this year for capital, all but £14 million is already committed from last year? Would he further agree that one good project would absorb all that money? Would he agree that we are in a situation in the IDA this year where perhaps a sign "Out of business temporarily" might be hung on the door?

I am amazed that a former Minister for Industry and Commerce and a former Minister for Finance should try to suggest to the House that industrial projects approval will be affected by the IDA budget for this year. He, more than anybody else——

Would the Minister answer the question now?

—— should realise that money paid out this year from the IDA grant structure is money for commitments entered into not alone last year but the year before that as well. He does not need an answer from me. He is being mischievous in this House——

That is not the case.

——in trying to suggest that industrial expansion will be cut——

Answer the question.

I call Deputy Spring.

——either with regard to the IDA or any other of the agencies under my control.