Dáil debates

Thursday, 10 December 2020

Finance (Miscellaneous Provisions) Bill 2020 [Seanad]: Committee and Remaining Stages

 

3:35 pm

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

On section 11, I want to talk about consecutive terms of appointment to the IFAC. This should not be happening. The members of the council have done an excellent job, including the reports they give to the Joint Committee on Finance, Public Expenditure and Reform, and Taoiseach, of which I am a member. We differ on some issues and agree with others; that is the nature of it. The council gives independent advice to the Joint Committee on Finance, Public Expenditure and Reform, and Taoiseach. It published its report on the fiscal rules, irrespective of how we view those rules. It produces a considerable amount of documentation that never gets discussed publicly but is of great assistance in increasing parliamentarians' depth of knowledge of the fiscal environment in which we operate. The members have served their positions with distinction.

Under the current law a member may be appointed to the IFAC for two consecutive terms. There is nothing to stop them from being appointed-----

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