Job Creation

Dáil Éireann Debate, Tuesday - 24 April 2012

Tuesday, 24 April 2012

Ceisteanna (210)

Peadar Tóibín

Ceist:

302 Deputy Peadar Tóibín asked the Minister for Public Expenditure and Reform the money that he expects to receive for job creation arising from the sale of State assets [11331/12]

Freagraí scríofa

Minister for Public Expenditure and Reform (Deputy Brendan Howlin)

It is envisaged that one third of the proceeds raised thorough the disposal of State assets will be available for reinvestment purposes, once a threshold of €1 billion is reached. This means that up to €1 billion could be available, under the assumption that we realise the full €3 billion target that has been set for the State asset disposal programme.