Oireachtas Joint and Select Committees
Wednesday, 18 September 2024
Committee on Budgetary Oversight
Pre-Budget Engagement
3:30 pm
Jack Chambers (Dublin West, Fianna Fail)
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It is in there already. The money from the share sales is in ISIF. In terms of the additional future shares, that is a matter for future decisions in the context of the share position of the Irish State in AIB. That is a matter for future sales that may or may not occur. We have set out previously that we have had an ongoing sale of shares from AIB and at the appropriate time in the future a decision could be made on that. That is a matter of market sensitivity but what we are speaking about here is €3 billion which is on account and which we want to use to address infrastructure needs in the economy, including housing.