Dáil Éireann Debate, Thursday - 26 January 2012
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]
View answerAs 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.
