Vol. 435 No. 5
53 Mr. Callely asked the Minister for Finance Government policy regarding privatisation of semi-State companies or any of their services; the semi-State companies that would be considered for privatisation; the companies, if any, that the Government has agreed should be privatised;the reason for this decision; and if he will make a statement on the matter.
The Programme for a Partnership Government sets out policy relating to State companies. It reaffirms the principles regarding State companies outlined in the Programme for Economic and Social Progress which included the commitment that any changes in the ownership structure of particular State companies will only take place if it is in the public interest, in the best interest of the company and its employees and following consultation with the social partners. The Programme for Government also guarantees that the main strategic utilities will remain in the ownership of the Irish people but will have the freedom to enter joint ventures with the private and co-operative sectors. There are no proposals before the Government at present for the disposal of all or part of the State's shareholding in any State-owned companies.
