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Ireland launches infrastructure stimulus plan

20 July 2012

Brendan Howlin, Ireland’s Minister for Public Expenditure and Reform, has announced a Eu2.25 billion ($2.76 billion) infrastructure stimulus package, which will be used to facilitate the first phase of a new wave of PPP projects. The stimulus programme reverses several of the cuts laid out in last year’s budget, which saw several infrastructure projects shelved indefinitely.

The package is designed to have a neutral impact on Ireland’s finances as the country tries to tackle its large national debt. Around...

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