Brendan Howlin (Wexford, Labour)

The Government remains committed under the EU-ECB-IMF funding programme to outlining in detail for the troika, by the end of the second quarter, end of June 2012, the specific regulatory, legislative, corporate governance and financial reforms which need to be taken in 2012, ensuring consistency with relevant EU legislation where necessary, to allow for the asset sale programme to proceed in 2013, and a calendar with indicative timelines for sales will be set out. The issues requiring resolution having already been identified by the end of the first quarter, work is ongoing in the relevant Departments and agencies on considering how they should be addressed in order to facilitate the launch of sale transactions in 2013.

Nothing has arisen during the troika's current mission that affects this timetable.

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