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Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011
(13 Dec 2012)

Paschal Donohoe: What is the position with regard to making that kind of work fully available publicly? Would the agency come up against a commercial sensitivity barrier in trying to do that?

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011
(13 Dec 2012)

Paschal Donohoe: Can Mr. Murphy reveal any of this kind of work?

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011
(13 Dec 2012)

Paschal Donohoe: One of the conclusions in the report with regard to the initial bundle of schools, as Mr. Murphy said, is that while he may have access to it, it is not publicly available - we cannot see it. A criticism made of PPPs across many jurisdictions is that any time a broader group of people seek to appraise how the taxpayer is benefiting from them, we, as public representatives, cannot get that...

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011
(13 Dec 2012)

Paschal Donohoe: I welcome the witnesses and thank them for their attendance. I thank Mr. Murphy for his presentation. Last week's meeting was attended by officials from the Department of Public Expenditure and Reform. I have some questions which I also asked them last week. I wish to discuss the evaluation of the performance of public private partnerships in this country, what has been learned from...

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011
(13 Dec 2012)

Paschal Donohoe: I refer to the PF2 model. My understanding is that the Chancellor considered the British taxpayer should take a larger equity stake in the proposed new projects. Is this conclusion applicable to projects here?

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011
(13 Dec 2012)

Paschal Donohoe: Is that reaction not inevitable? If a new model aims to change the nature of the engagement of the private sector with public projects, the initial reaction of the sector will never be the giving of approval.

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011
(13 Dec 2012)

Paschal Donohoe: Mr. Murphy's assessment of the proposed model in the United Kingdom is that the proof of the pudding will be in the eating.

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011
(13 Dec 2012)

Paschal Donohoe: It will be a case of seeing how many are willing to participate.

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011
(13 Dec 2012)

Paschal Donohoe: Where does Scotland stand in terms of the deployment of that model? At what point will we be able to discover whether our model is as strong as it can be? Can we learn from Scotland and what is being planned in the United Kingdom?

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011
(13 Dec 2012)

Paschal Donohoe: At what level?

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011
(13 Dec 2012)

Paschal Donohoe: Has any project been funded using this new model?

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011
(13 Dec 2012)

Paschal Donohoe: It is out in the market and we must wait and see what will be the degree of participation.

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011
(13 Dec 2012)

Paschal Donohoe: At what point will this become clear? Will it be during next year?

Public Accounts Committee: Business of Committee (13 Dec 2012)

Paschal Donohoe: Is it the case that representative of Irish Aid will also be present at the meeting?

Confidence in the Government: Motion (Resumed) [Private Members] (12 Dec 2012)

Paschal Donohoe: The Sinn Féin general election manifesto simply states that Sinn Féin is committed to no further drawing down of the EU-IMF loan. It goes on to say that for the reminder of 2011 resources from the National Pensions Reserve Fund and Exchequer funding from the Central Bank should be used to run the State. This is very simple. Having campaigned on a platform of telling the troika to...

Confidence in the Government: Motion (Resumed) [Private Members] (12 Dec 2012)

Paschal Donohoe: Their performance in the 31st Dáil has been an exercise in studied and deliberate cynicism. Their agenda is simple: to replace another party as Leader of the Opposition.

Confidence in the Government: Motion (Resumed) [Private Members] (12 Dec 2012)

Paschal Donohoe: Their view is that nothing can be allowed to get in the way of this, not even the truth. The truth is perfectly simple: our country, due to the efforts of our people, is slowly but steadily fighting our way out of bankruptcy. The people are faced with choices that are neither of their making nor of the making of this Government. The truth is that Sinn Féin has taken the mantle of...

Confidence in the Government: Motion (Resumed) [Private Members] (12 Dec 2012)

Paschal Donohoe: Their explanation of where this money is coming from shows the real depths of their cynicism. As the Government works to stabilise our banks and get deposits back in order that they can be lent out to Irish businesses and families, Sinn Féin wants to impose a wealth tax on them. Such a wealth tax would get the same deposits to move out of the country, further weakening the banks and...

Confidence in the Government: Motion (Resumed) [Private Members] (12 Dec 2012)

Paschal Donohoe: We need not pore over the leaflets printed by Deputy Ó Snodaigh to see what Sinn Féin does in Ireland, because its role in the Northern Ireland Assembly already makes it clear. It is implementing a property tax up there while it opposes one here.

Confidence in the Government: Motion (Resumed) [Private Members] (12 Dec 2012)

Paschal Donohoe: I was aware that Sinn Féin was advocating a two-state solution for the Middle East but I did not realise it was advocating the same solution for our economic crisis here. It is a case of partition when it suits Sinn Féin.

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