Written answers
Tuesday, 24 April 2012
Department of Public Expenditure and Reform
Job Creation
9:00 pm
Peadar Tóibín (Meath West, Sinn Fein)
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Question 302: To ask the Minister for Public Expenditure and Reform the money that he expects to receive for job creation arising from the sale of State assets [11331/12]
Brendan Howlin (Wexford, Labour)
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It is envisaged that one third of the proceeds raised thorough the disposal of State assets will be available for reinvestment purposes, once a threshold of €1 billion is reached. This means that up to €1 billion could be available, under the assumption that we realise the full €3 billion target that has been set for the State asset disposal programme.
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