Charlie McConalogue (Donegal North East, Fianna Fail) | Oireachtas source

I thank the Minister, Minister for State and the departmental officials for coming in and engaging in the process, which can be very constructive. My opening question relates to the cost-cutting measures introduced for 2013. Can the Minister provide an update in terms of the impact they have had or an assessment of what has taken place, especially in respect of the measure relating to reserves in the VEC sector? There was a request for VEC institutions to operate from cash reserves and therefore they had to decide where and if any cuts would be made.