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Sunday 19 November 2017

What the Government ignored

A REVIEW led by economist Colm McCarthy in April last year recommended the sale of a host of state assets, but warned against a fire sale.

The Government has loosely followed its advice but has not adopted many of its proposals, among them the following:

• RTE: report said it should sell its broadcasting network, RTENL, but put safeguards in place to ensure it is available to the State in case of a national emergency.

• Bord na Mona: should be sold off but not its peat lands.

• Dublin Airport Authority: should sell its overseas businesses and consider privatisation of airports.

• Ports: privatisation of some or all should be looked at.

• An Post: should not be sold but a seven-year licence for the National Lottery should be subject to open competition.

• Dublin Bus: considered for privatisation; sell CIE Tours and Expressway services.

Irish Independent

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