Friday September 18, 2020

Noonan: state asset money could guarantee PPP projects

Ireland is likely to use half the money it raises from the sale of state assets to set up a fund to guarantee public private partnerships, finance minister Michael Noonan has said.

24th May, 2012
Minister for Finance Michael Noonan.

Ireland is likely to use half the money it raises from the sale of state assets to set up a fund to guarantee public private partnerships, finance minister Michael Noonan has said.

Half the money will be used directly to generate a growth stimulus and once the PPP process was complete the remaining half is likely to be used to pay down the State's debt, the minister said in an interview with RTÉ.

Noonan...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 8 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago