Fianna Fáil Spokesperson on Public Expenditure Seán Fleming has said it is crystal clear that the Labour Party has again committed itself to “an ambitious programme of state asset disposals,” confirmed by Minister Brendan Howlin today.

Deputy Fleming said: “The Labour Party has been trying to muddy the water on the issue of the sale of state assets despite its own commitment in the Programme for Government to raise €2bn in the sale of state assets.

Minister Michael Noonan did confirm in the Dáil: ‘no figure was included in the original memorandum of understanding [with the EU/IMF].  We included a figure of €2 billion in this regard in the programme for Government and we intend to realise that.’October 6th, 2011

“It is time for the Labour Party to acknowledge that it is their two Ministers, Howlin and Rabbitte, who are spearheading the sale of shares in strategic state assets such as the ESB and Bord Gáis.  The Labour Party signed up to this as part of their deal to get into Government and they must now accept the consequences.”