Results 21,421-21,440 of 33,049 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Negative Equity Mortgages Data (14 Dec 2017)

Paschal Donohoe: This issue is discussed in the Central Bank’s Macro-Financial Review published this week - Box 2: Negative equity in the Irish housing Market: recent developments This notes that approx. 75,000 mortgages are now in negative equity, down from a peak of 320,000 in Q4 2012 .   For Primary Dwelling Homes, 8.7 per cent of loans remain in negative equity (down from 36.2...

Written Answers — Department of Finance: Tax Yield (14 Dec 2017)

Paschal Donohoe: It is assumed that the Deputy is referring to the revised Entrepreneur Relief provided for in s597AA of the Taxes Consolidation Act 1997. I am advised by Revenue that the current lifetime limit applicable to this relief is €1 million in chargeable gains. The cost of increasing this limit to the €5 million, €10 million and €15 million amounts suggested by the...

Written Answers — Department of Finance: Small and Medium Enterprises Data (14 Dec 2017)

Paschal Donohoe: I have been informed by the Central Bank as set out in the Business Credit and Deposits statistical Table A.14.1, available on the the website of the Central Bank, the outstanding SME interest rate as at end-Q2 2017 is 3.21 per cent. The gross new lending weighted interest rate for Q2 2017 is 4.01 per cent. The Central Bank does not collect data on SME interest rates outside of Ireland....

Written Answers — Department of Finance: NAMA Operations (14 Dec 2017)

Paschal Donohoe: As the Deputy will be aware NAMA has now redeemed 100% of its guaranteed senior debt and expects to redeem its subordinated debt on its first call date in March 2020. NAMA will focus on completing its ongoing deleveraging, its Dublin Docklands SDZ and residential funding programmes in the interim period to 2020. It is through the successful completion of these objectives that NAMA currently...

Written Answers — Department of Finance: Central Bank of Ireland Staff (14 Dec 2017)

Paschal Donohoe: The Central Bank has provided a table which gives the staff numbers in the Bank at year end for each of the years 2008 to 2017: Year End Headcount (Full Time Equivalents) 2017 (November month end) 1735.80 2016 1598.85 2015 1515.75 2014 1364.00 2013 1384.20 2012 1394.20 2011 1372.70 2010 1225.90 2009 1043.70 2008 1022.50

Written Answers — Department of Finance: European Central Bank (14 Dec 2017)

Paschal Donohoe: I am informed by the Central Bank that, as of 12/12/17 there are currently 59 Central Bank of Ireland employees on secondment to the European Central Bank in Frankfurt. The Central Bank is committed to increased participation and influence in the Eurosystem and as a result secondments to roles of strategic importance are a key priority. Employees are encouraged to view secondments as an...

Written Answers — Department of Finance: European Central Bank (14 Dec 2017)

Paschal Donohoe: It was not possible for the Central Bank of Ireland to provide the information sought in the time available and, therefore, I will make arrangements to provide the information in line with Standing Orders.

Written Answers — Department of Finance: Departmental Expenditure (14 Dec 2017)

Paschal Donohoe: The costs incurred by my Department on photography are set out in the table. There is no specific policy regarding the booking of photographers but the ordinary rules per the public financial procedures apply to such expenditure. Year Supplier Details Amount € 2017 Event Portraits Ltd Irish Institute of Training and Development (IITD) Award Photos and Licences following...

Written Answers — Department of Finance: Public Relations Contracts Data (14 Dec 2017)

Paschal Donohoe: I take it that the Deputy is referring solely to external public relations and not to advertising that would be incurred by my Department in the normal course of business, such as entries into telephone directories, the placing of advertisements in national newspapers, recruitment advertising, etc. The use of external public relations firms in respect of my Department since March 2011 is...

Written Answers — Department of Finance: Consultancy Contracts Data (14 Dec 2017)

Paschal Donohoe: In response to the Deputy’s question, I have included the requested information in relation to external consultant reports commissioned by my Department since 2011 in the following table: Commission date ?External Consultant Report Name Cost Published/Expected Publication date 2017 Independent Impact Assessment of the Help-to-Buy Incentive Indecon Economic Consultants ...

Written Answers — Department of Finance: Departmental Advertising Expenditure (14 Dec 2017)

Paschal Donohoe: The following expenditure was made by my Department between 1 January 2017 to date on the advertising of Government information campaigns. Advertising Type Supplier Information Campaign Description Amount € Newspaper Independent Newspapers Marketing Ltd Information notice re: Beneficial Ownership €1,110.69 Newspaper Irish Examiner Information notice re: Beneficial...

Written Answers — Department of Finance: Departmental Expenditure (14 Dec 2017)

Paschal Donohoe: Level of Expenditure of the Department of Finance or under the aegis of that department 1 January 2017 to date in 2017 Year Supplier Details Amount € Photography Event Portraits Ltd IITD Awards and Licence 701.39 Advertising Independent Newspapers Marketing Ltd Information notice re: Beneficial Ownership 1,110.69 Advertising Irish Examiner Information notice re: Beneficial...

Written Answers — Department of Public Expenditure and Reform: Public Sector Staff Retirements (14 Dec 2017)

Paschal Donohoe: The Government has approved the General Scheme of a Bill to give effect to its decision last week to increase the compulsory retirement age for most public servants recruited before 1 April 2004. It is not possible to predict the length of time it will take for a Bill to be drafted and pass through both Houses of the Oireachtas given the need for meticulous drafting, ongoing detailed policy...

Written Answers — Department of Public Expenditure and Reform: Commencement of Legislation (14 Dec 2017)

Paschal Donohoe: In response to the Deputy’s question, I can confirm that this week I have signed the Commencement and Establishment Orders for the National Shared Services Office Act 2017 to take effect from 1 January, 2018. While this Act was passed by the Oireachtas in July, it was considered best that it commence in January to facilitate a smooth separation of the relevant functions from the...

Written Answers — Department of Public Expenditure and Reform: Lansdowne Road Agreement (14 Dec 2017)

Paschal Donohoe: Last September the Public Services Committee of the Irish Congress of Trade Unions endorsed the terms of the recently negotiated extension to the Lansdowne Road Agreement, the Public Service Stability Agreement 2018-2020 (PSSA), on pay and reform in the public service. On Thursday 7 December the Dáil passed the Public Service Pay and Pensions Bill after being debated by members of the...

Written Answers — Department of Public Expenditure and Reform: Public Expenditure Data (14 Dec 2017)

Paschal Donohoe: I propose to take Questions Nos. 151 and 152 together. Managing expenditure within their voted allocations is a key responsibility of each Minister and their Departments. As reported in the Department of Finance Fiscal Monitor, at the end of November overall gross voted expenditure of €51.5 billion was 1.3% below profile with current expenditure of €48.2 billion under profile in...

Written Answers — Department of Public Expenditure and Reform: Public Sector Reform Implementation (14 Dec 2017)

Paschal Donohoe: I propose to take Questions Nos. 153 and 156 together. Public service reform has been a central element in the response to the challenges of recent years and remains an essential part of building for the future. The reform programme has been delivering for the Irish public for 6 years – since the first reform plan was launched in 2011. We have achieved much to transform our public...

Written Answers — Department of Public Expenditure and Reform: Public Sector Reform Implementation (14 Dec 2017)

Paschal Donohoe: I propose to take Questions Nos. 154 and 159 together. Last September the Public Services Committee of the Irish Congress of Trade Unions endorsed the terms of the recently negotiated extension to the Lansdowne Road Agreement, the Public Service Stability Agreement 2018-2020 (PSSA) on pay and reform in the public service. On Thursday 7 December the Dail passed the Public Service Pay and...

Written Answers — Department of Public Expenditure and Reform: Public Sector Reform Implementation (14 Dec 2017)

Paschal Donohoe: The Deputy is referring to private sector organisations in the Voluntary and Community Sector in respect of which my Department has not actual corporate responsibility or direct involvement. As non public servants, the staff of such organisations, which may exceed 100,000 in number, did not, for example, fall within the application of the FEMPI legislation involving as it did the reduction...

Written Answers — Department of Public Expenditure and Reform: Public Procurement Contracts (14 Dec 2017)

Paschal Donohoe: Public Procurement is governed by well-established EU and National rules and guidelines. The aim of these rules is to promote an open, competitive and non-discriminatory public procurement regime which delivers best value for money. Procurement reform is a key element of the Government's overall reform programme and is aimed at delivering increased value for money, more accurate and timely...