Joe Costello (Dublin Central, Labour)
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Question 17: To ask the Minister for Finance his views on reports (details supplied) with respect to the possibility of moving large amount of Ireland's capital expenditure off balance sheet using a bonds for cash mechanism facilitated by the European Investment Bank; if this is expected to have an impact on the 2009 or 2010 budgetary equation and to what degree; and if he will make a statement on the matter. [12331/09]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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My Department is considering a number of innovative financing proposals for public infrastructure which various bodies have submitted. I am not at liberty at this juncture to talk about any of the details of these proposals.

Key considerations for the State would be the costs of such proposals compared to either the cost of Exchequer-funded infrastructure or the cost of infrastructure delivered by PPP arrangements. Another key imperative would be value for money.