Oireachtas Joint and Select Committees

Wednesday, 19 June 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform

6:05 pm

Photo of Kevin HumphreysKevin Humphreys (Dublin South East, Labour) | Oireachtas source

Yes, an bord snip, as the Minister called it. My understanding is that when the discussions were taking place with the troika, it was intended that the savings set out by an bord snip would be put towards the payment of debt. The amount in question was approximately €5 billion.

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