merrion street

The Minister for Public Expenditure and Reform, Mr. Brendan Howlin T.D., welcomed the publication of the Report of the Review Group on State Assets and Liabilities. The Minister stated “The Report provides an in-depth assessment of the financial, commercial and regulatory issues affecting commercial State companies and other State assets. The Group has undertaken a comprehensive study of the State’s assets and liabilities, and has consulted widely with State-owned companies, regulators and independent industry experts.

The Government will now study the findings of the report and its extensive recommendations in detail. As set out in the Programme for Government non strategic assets up to a value of €2 billion will only be sold when market conditions are right and when adequate regulatory structures have been established to protect consumer interests.”

The Minister thanked the members of the Review Group for their detailed analysis and comprehensive list of recommendations.