Brian Cowen (Laois-Offaly, Fianna Fail)

As the Deputy is aware, it is not possible for me to discuss with him, in the context of replies at Question Time, what goes on at Cabinet committees or during Cabinet meetings. I can only do so in respect of decisions when they are taken. I am not, therefore, in a position to indicate to the Deputy progress made in any discussions in areas which are protected by Cabinet confidentiality.

On matters generally, the Minister for Finance has been emphasising the need for value for money in the capital budget. Great value for money is now available because of the more competitive pricing that is in play. I understand an average improvement in pricing of 20% has been achieved.

There has been a wide range of continuing significant capital commitments during this year. Despite the difficult fiscal position, the Government is spending more than €7 billion on public capital programmes and a capital programme will also feature next year. The important aspect of the programme is the ability to improve and increase output from resources that are not as plentiful as they were. This is a big plus in terms of ensuring that the absolute maximum of employment is achieved in respect of the implementation of the programme.

Similarly, in respect of European Investment Bank funds and other supports, continuing access is being made, where appropriate, from various Departments.

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