Fergus O'Dowd (Louth, Fine Gael)

I said in my reply that investments would be set in the context of the new national development plan, which will be for the period 2012 to 2019. While everything must be done it must be done at the right time. The Deputy is right; there can be no fire-sale of assets and that is made clear in the programme for Government. Another report by Mr. Colm McCarthy is yet to be published and there are issues in that surrounding the sale of some assets that I hope will bring in €2 billion. Those assets will be non-essential and will not form part of our critical infrastructure.

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