Michael Noonan (Limerick City, Fine Gael)
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The sale of non-strategic State assets provided for in the Programme for Government does not, as the Deputy's question suggests, arise from the conditions of the financial assistance programme agreed with International Monetary Fund, the EU Commission, and the ECB. Under the NewERA plan set out in the Programme for Government, State asset sales will fund investment in key networks of the economy, so as to support demand and employment in the short-term, and to provide the basis for sustainable, export-led jobs and growth. The issue of asset disposals will be considered further after the Government has examined the report and recommendations of the Review Group on State Assets and Liabilities, which is to be finalised shortly by the Group.