Robert Troy (Longford-Westmeath, Fianna Fail)
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Question 78: To ask the Minister for Finance his priorities under the National Development Plan; the projects which will proceed; and if he will make a statement on the matter. [9699/11]

Michael Noonan (Limerick City, Fine Gael)
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The Government has approved the preparation of a new capital investment framework for the period post 2012. This will be prepared by the Department of Public Expenditure & Reform, in conjunction with other Departments and key stakeholders. It will be carried out in parallel with the comprehensive review of current expenditure, and will help us to identify programmes and projects that will best support economic recovery. The key objectives will be to: (i) align capital investment allocations with Programme for Government priorities within the overall fiscal consolidation objectives; and (ii) to ensure that allocations are directed towards investments which can have the greatest economic and employment impact.

The review will allow the Government to critically examine all areas of capital investment expenditure to ensure that investment is focused on pressing economic and employment challenges.