Tommy Broughan (Dublin North East, Labour)
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Question 82: To ask the Minister for Finance his plans to establish a strategic investment bank; and if he will make a statement on the matter. [7911/11]

Michael Noonan (Limerick City, Fine Gael)
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As I indicated in a reply to PQ 7400 (No. 128) on 12 April, the Government will only be in a position to decide on the timing and the structure for setting up the Strategic Investment Bank when the necessary detailed assessment and planning work has been done. Because the necessary work is not completed, the Government Legislation Programme for the summer session which was published on 5 April does not contain legislation in relation to the Strategic Investment Bank.