Brian Lenihan Jnr (Dublin West, Fianna Fail)

That has been a matter of public record since September. The strategy is two-pronged. The first element of it was contained in the September announcement to bring finality and clarity to the exposure of the Irish banking sector and gave the market ample time to digest that information. The second element of the strategy is to publish the four-year fiscal plan which will contain a credible set of decisions which any Irish Government must take to meet the 3% requirement by 2014 and, as the first instalment of that strategy, to do a front-loaded correction of at least €6 billion this year. They are the two crucial elements of the strategy.

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