Dáil debates

Wednesday, 21 September 2011

ESB and Disposal of State Assets: Motion (Resumed)

 

7:00 pm

Photo of Colm KeaveneyColm Keaveney (Galway East, Labour)

It is anticipated that the moneys raised from the partial sale of the ESB stake will fund new nationally-owned water services and an opportunity to invest in new publicly-owned broadband services. The programme for Government sets out a comprehensive plan to help to bring people back to work and rectify the State's finances that have been recovered by the Government as a consequence of mismanagement by its predecessor. It is a document that provides for investment in national infrastructure and reform of the way in which the Government and the country operate.

By 2014, Ireland will need to have reached a debt-to-GDP ratio of 3%, a policy target agreed by Sinn Féin. The Government plans to continue to pay teachers and nurses and make social welfare payments. How will Sinn Féin address this plan to provide critically important services, while reneging on a sovereign agreement? The Government is being asked to renege on a sovereign agreement akin to the Good Friday Agreement.

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