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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)

Pearse Doherty: I am sorry; the Minister does not have any shares in Ulster Bank.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)

Pearse Doherty: Facts.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)

Pearse Doherty: I know.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)

Pearse Doherty: Okay.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)

Pearse Doherty: Okay. In order that there is no confusion, the Minister is not a shareholder in Ulster Bank, he does not have a relationship framework with Ulster Bank and he was not prevented from engaging with issues in respect of AIB and Bank of Ireland up until now. What I am asking the Minister to do is actually express his opinion on whether Ulster Bank should extend the deadline for the closure of...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (Resumed) (21 Sep 2022)

Pearse Doherty: Let me rephrase that. Is the Minister concerned that so many people have not closed their accounts? The deadline is coming up very shortly and Ulster Bank is going to close their accounts. It will write them a cheque. There will be defaults in relation to loans. There is a serious issue here.

Written Answers — Department of Agriculture, Food and the Marine: Animal Welfare (20 Sep 2022)

Pearse Doherty: 601. To ask the Minister for Agriculture, Food and the Marine further to Parliamentary Question No. 888 of 14 July 2022, the manner in which a farmer can demonstrate that hens are accessing the full range area necessary to meet the threshold set out in Annex II of Commission Regulation No. 589/2008; if photographic or video evidence is sufficient; and if he will make a statement on the...

Measures to Assist with Household Bills: Motion [Private Members] (14 Sep 2022)

Pearse Doherty: It is time for the Government to wake up to the reality of where ordinary workers are at. Families are facing a cost of living crisis they have never seen before. Many of them are being forced into decisions they thought they would never have to make, like whether to put food on the table or to keep the heat going. Families that once would donate to the food banks are now standing in those...

Irish Bank Resolution Corporation Commission of Investigation Report: Statements (14 Sep 2022)

Pearse Doherty: Cuirim fáilte roimh an deis a bheith ábalta labhairt inniu ar an tuairisc seo agus an fiosrúchán atá ag dul ar aghaidh anois le blianta fada ó thaobh an díolachán de Siteserv a tharlaigh in 2012. Tá sé seo ar na bacáin le tamall fada. Caithfimid díriú isteach agus achoimre a dhéanamh ar cad chuige a raibh an...

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (Resumed) (14 Sep 2022)

Pearse Doherty: Go raibh maith agat, a Chathaoirligh, agus cuirim fáilte roimh na hAirí chuig an gcoiste. I will begin with the Minister, Deputy Donohoe. The Minister will be aware that the committee wrote to him on two occasions asking him to publish the White Paper on revenue and expenditure. It is usually published on the Friday before the budget. There is no legal impediment to publish it...

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (Resumed) (14 Sep 2022)

Pearse Doherty: That is exactly the date the Minister always publishes, which is the midnight on the Friday before the budget. The committee said that we want the information beforehand. There is no legal impediment to this and all the information that goes into it is available to the Minister. The committee asked that the Minister would bring it forward.

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (Resumed) (14 Sep 2022)

Pearse Doherty: I do not accept that. I wish to ask the Minister, Deputy McGrath, about the contingency fund that was allocated in budget 2022, where €7.5 billion was allocated to non-core expenditure. The Irish Fiscal Advisory Council advises that some €2.5 billion of that is unallocated and that if decisions are not made in the budget, for example to do once-off spending between now and the...

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (Resumed) (14 Sep 2022)

Pearse Doherty: Of course, but in the absence of further cost-of-living measures to be announced in the budget, the Irish Fiscal Advisory Council has said that €2.5 billion is likely to remain unallocated because they recognise that of the €3.7 billion more will be spent on Covid and there will be a bit more spent on the Ukrainian-related crisis. Is that the ballpark we are in at this point in...

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (Resumed) (14 Sep 2022)

Pearse Doherty: With regard to the Ukrainian crisis and our response to it, am I correct to say that the amount of non-core expenditure allocated to that is €3 billion for 2023?

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (Resumed) (14 Sep 2022)

Pearse Doherty: Does the Minister still believe that it will be €4.5 billion for those three areas that are identified, which are Covid, Brexit and the Ukrainian crisis? The expenditure on the Ukrainian crisis seems to be significantly inflated. The €3 billion figure is more likely to be a €2 billion figure.

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (Resumed) (14 Sep 2022)

Pearse Doherty: But it was based on 100,000 people. The 100,000 people are not here and they are unlikely to come unless there is a huge wave. It was a big estimation. We never knew at the start but it seems that as time goes on it needs to be revised downward.

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (Resumed) (14 Sep 2022)

Pearse Doherty: I looked at the discretionary fund for this year and cost-of-living payments and measures have come out of that discretionary fund. Does the Minister expect that out of the €4.5 billion some cost-of-living measures could come out of that for the start of next year?

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (Resumed) (14 Sep 2022)

Pearse Doherty: No. The Minister is not touching it.

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (Resumed) (14 Sep 2022)

Pearse Doherty: With regard to the parameters the Minister has set out and the €3.7 billion package, the €1.05 billion in tax and the €2.65 billion, the Minister is still sticking to those as core expenditure. Does the Minister expect non-core expenditure on top of that as a cost-of-living package? Do we expect to see something to the side of that, which would be once-off measures?

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (Resumed) (14 Sep 2022)

Pearse Doherty: Hypothetically, if there is the one announced in the budget - and I am aware the Minister is not going to do it - but if it was extended, for example like the excise duty reduction, for a period in 2023 are we likely to see a package on core expenditure remaining within the parameters the Minister has announced, with non-core expenditure outside of the three areas the Minister, Deputy...

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