CIE borrowings legislation
Timmy Dooley questions a reported change in funding for CIE and asks about the Transport (CIE Borrowings) Bill. The Taoiseach says it is scheduled for publication this session.
In July, the Minister for Transport, Tourism and Sport, Deputy Varadkar, announced that he would provide an additional €36 million to the CIE group of companies to assist in the protection and retention of services. Today we understand that he has changed his mind on that.
Comment on this
If I could get to it, today we discovered that he has changed his mind on that. He is now suggesting that they sell assets or that they borrow money.
Comment on this
It is effectively selling the bus to pay for diesel. There is, on the schedule, the transport (CIE borrowings) Bill. When does the Minister intend to bring that before the House?