Dáil debates

Tuesday, 30 November 2010

3:00 am

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael)

It seems the Minister has answered my question to the effect that the budget will provide for an initial public offer of the semi-States bodies. Will he confirm for me that there will be a sale of State assets under his remit in the budget next week? There is some confusion about the memorandum of understanding and perhaps the Minister can explain it. There is some suggestion to the effect that it has been agreed that if any State assets are sold, the money will have to go towards paying off the national debt and that the next Government would not have the right to use it as it sees fit. Perhaps the Minister would clarify that.

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