Dáil debates

Thursday, 9 October 2014

Other Questions

Sale of State Assets

10:35 am

Photo of Brendan HowlinBrendan Howlin (Wexford, Labour) | Oireachtas source

Regarding the national lottery, we spent €200 million as I indicated to the House and we have kept €200 million for the national children’s hospital. That money is there and available. Regarding bringing the money from Ervia onto the balance sheet, as I explained, there are restrictions on bringing it all on in one go. It must be done by special dividend and there is a process and a legal limit on what can be done, which we will do on the basis of need to meet the specific purposes we have set out. To date, €500 million has been allocated and is in the process of being spent. I can give the Deputy a note on issues such as the PPP preparations, the additional money on county roads, the energy refit of local authority housing and additional schools such as the 28 in the first round.

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