Enda Kenny (Mayo, Fine Gael)

The Minister for Public Expenditure and Reform will bring a memo to Government in the next few weeks on the disposal of State assets. This is part of the Government programme and there will be no fire sale of State assets. Any asset considered for disposal will be non-strategic and will be sold by the Government at the appropriate time and based on an appropriate remuneration as determined by NewERA. This matter will be debated here. In the context of the receipt of funds from the disposal of non-strategic State assets, Deputy Adams should consider the fact that the enterprise budget is approximately €500 million and he should also consider the impact of the work of the IDA and other job-generating agencies. He should think about what one could do to create jobs with additional resources spent effectively.

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