Dáil Éireann Debate, Tuesday - 28 June 2011
136 Deputy Mary Lou McDonald asked the Minister for Finance when he plans to establish the social impact bonds and if he will outline the method by which he intends to share audited Exchequer savings with charitable and voluntary organisations. [17399/11]
View answerThe Government Programme for National Recovery 2011-2016 provides that the Government will establish a new model of financing social interventions called Social Impact Bonds that share audited Exchequer savings with charitable and voluntary organisations. The Government will consider how best to establish this new and innovative mechanism and will bring forward proposals in due course.
