Written answers
Wednesday, 25 March 2015
Department of Public Expenditure and Reform
Sale of State Assets
Bernard Durkan (Kildare North, Fine Gael)
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72. To ask the Minister for Public Expenditure and Reform the extent to which strategic disposal of State assets remains an economic policy option; and if he will make a statement on the matter. [12337/15]
Brendan Howlin (Wexford, Labour)
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As the Deputy will be aware, the Government announced a programme of State asset disposals in February 2012, as agreed in the Programme for Government. That programme has now effectively been brought to completion, with the exception of the possible sale of the Government's remaining shareholding in Aer Lingus - which is a matter that is currently being considered by the Inter Departmental Steering Group in the context of the ongoing discussions with representatives from International Consolidated Airlines Group (IAG) on IAG's proposal to make an offer for Aer Lingus. The work of that Group will inform Government's consideration of whether it should support a sale of its remaining shareholding in Aer Lingus to IAG, should a formal offer be made.
Apart from the above, the Government has no plans to dispose of any further State assets.
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