Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

That is very welcome. It was set out in the memorandum of understanding that 50% of the proceeds of the sale of State assets would be spent on reducing debt. Given that the troika has almost gone, does that still hold or will the Minister be able to use the balance from the sale of State assets in future years for domestic job creation? Everybody in Ireland would support the use of these funds for job creation and stemming the flow of emigration. The sale of assets in the financial arena, such as Bank of Ireland, can be used to repay the national debt.

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