Martin Ferris
Ceist:133 Deputy Martin Ferris asked the Minister for Public Expenditure and Reform when the schedule of State assets to be sold will be published. [20298/12]
Amharc ar fhreagraTuesday, 24 April 2012
Ceisteanna (43)
Freagraí scríofa
I would draw the Deputy's attention to my announcement of February 22 last in which I outlined the shape and scale of the asset disposal programme that is to be pursued.
In brief, the programme that was agreed by Government in February consists of:
The sale of Bord Gáis Éireann's energy business (but not including BGÉ's gas transmission or distribution systems or the two gas interconnectors, which will remain in State ownership);
The sale of some of ESB's non-strategic power generation capacity.
Consideration is also being given to the sale of some assets of Coillte, but not Coillte's land holdings; and the sale of the State's remaining shareholding in Aer Lingus, when market conditions are favourable and at an acceptable price to Government.
Under the EU/ECB/IMF Funding Programme, the Government is committed to outlining in detail for the Troika, by the end of the second quarter (end June 2012), the specific regulatory, legislative, corporate governance and financial reforms which need to be taken in 2012, ensuring consistency with relevant EU legislation where necessary, to allow for the asset sale programme to proceed in 2013, and a calendar with indicative timelines for sales will be set out at that point.