Legislation to tighten vetting procedures for adults working with children and other measures to prevent abuse were demanded by the report which exposed decades of systematic abuse.
The Government has been criticised by victim support groups for not implementing previous child protection measures and not responding quickly enough to recommendations contained in the Ryan Report.
It called for a permanent memorial to the thousands of abuse victims, as well as a review of counselling and educational services, the introduction of new child-centred policies designed to prevent child abuse and the implementation of new guidelines for the protection and welfare of children.
Meanwhile, the cabinet also decided yesterday finally to reveal plans to set up a "bad bank" to absorb €90 billion worth of toxic property debt next week.
The cabinet is to decide on the framework for the National Assets Management Agency (NAMA) at its final meeting before the summer break.
Finance Minister Brian Lenihan has come under opposition fire for announcing that NAMA was urgently needed in the April crisis budget, but so far failing to bring forward legislation.
The agency will buy up €90bn of bad land loans with taxpayers’ money and create what has been dubbed the biggest real estate company in the world.
The cabinet went over the matter yesterday, but failed to discuss the controversial measures in the Bord Snip report.
Despite the study calling for €5.3bn worth of cuts, mainly in health, welfare and education, ministers did not go over its contents.
They will consider its implications over the summer before the estimates process starts ahead of the December budget which is expected to contain the bulk of the recommendations in the report compiled by Prof Colm McCarthy.
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