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

5:25 pm

Photo of Brendan HowlinBrendan Howlin (Wexford, Labour)
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This is over and above the normal discipline we have on expenditure. It is over and above the agreement we have on taxation, how to deal with asset sales and how we apply them. There is nothing loose about it because it is a commercial transaction.

The troika, no more than myself, cannot be certain of the sum of money that will accrue to the State for any particular asset. The troika, like us, is closely monitoring what we achieve and we will see what we achieve.