Written Answers - Sale of State Assets Thursday, 26 January 2012

Dáil Éireann Debate Vol. 753 No. 1 Page of 165

  97.  Deputy Willie O’Dea      asked the Minister for Public Expenditure and Reform      the proportion of the amount raised from the sale of State assets that may be used for job creation; the formula for determining that proportion; and if he will make a statement on the matter. [4722/12]

Minister for Public Expenditure and Reform (Deputy Brendan Howlin):    As I have already informed this House, in our discussions during their recent mission, the Troika signalled that, in the context of the Government pursuing an ambitious programme of asset disposals, they would be prepared to agree to the retention by the Government of a sizeable amount of the proceeds generated from such disposals for reinvestment in job creation initiatives in the economy. However, the actual amounts or proportions involved remain to be agreed within the context of a final agreement on the overall scale and composition of the programme to be pursued. When this is finalised, the House will be fully briefed on these matters.

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Last Updated: 08/03/2013 16:22:42

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