Written answers
Wednesday, 17 December 2008
Department of Finance
Public Private Partnerships
8:00 pm
Joan Burton (Dublin West, Labour)
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Question 200: To ask the Minister for Finance if, with respect to each PPP project under development with Exchequer financing, at the planning or construction stage, the increased cost of debt financing has rendered the project financially unviable or has increased the cost of the project to the Exchequer; and if he will make a statement on the matter. [46951/08]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The Deputy will be aware that my Department has put in place the overall PPP investment framework, including the framework for the appraisal, assessment, procurement and evaluation of projects. Individual Departments are responsible for the projects and programme in their areas, within that overall framework. The extent to which current market developments affect PPPs is a matter for each Department suitably advised by the National Development Finance Agency, who are monitoring the situation.
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