Results 29,381-29,400 of 33,214 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Interest Rates (8 Dec 2022)

Paschal Donohoe: The formulation and implementation of monetary policy is an independent matter for the European Central Bank (ECB). The recent rise in inflationary pressures, driven largely by energy prices, is not only a feature of the Irish economy but is one that has become evident across most advanced economies, with euro area inflation reaching a record 10.7 per cent in October. It is in this...

Written Answers — Department of Finance: Banking Sector (8 Dec 2022)

Paschal Donohoe: The NTMA have informed me that the proceeds of borrowing, as well as revenues such as tax revenue are lodged to the Exchequer account. In general terms, no specific tranches of borrowing were undertaken solely for the purpose of re-capitalising the banking sector. Therefore, it is not possible to accurately quantify that part of the National Debt interest bill that relates to the borrowing...

Written Answers — Department of Finance: Banking Sector (8 Dec 2022)

Paschal Donohoe: The total recapitalisation of the domestic banks amounted to €64.1bn, of which €34.7bn was invested in Anglo Irish Bank and INBS (IBRC) and €29.4bn in AIB, BOI and PTSB. To date, €21.1bn of the investment in the three remaining banks has been recovered in cash by way of disposals, investment income and liability guarantee fees (breakdown by year in tabular form...

Written Answers — Department of Finance: Tax Code (8 Dec 2022)

Paschal Donohoe: I understand that the Deputy’s query relates to the tax treatment of an individual who, along with their spouse or civil partner, is not resident in the State for tax purposes, but has income which is chargeable to tax in the State. I am informed by Revenue that in cases where neither spouse is resident in the State, but one spouse is in receipt of income which is chargeable to tax in...

Written Answers — Department of Finance: Departmental Funding (8 Dec 2022)

Paschal Donohoe: I wish to advise the Deputy that my Department did not provide any funding to Limerick in 2022. The roles and functions of the Department of Finance would generally not involve allocations of funding to any county for any reason.

Confidence in Minister for Housing, Local Government and Heritage: Motion (13 Dec 2022)

Paschal Donohoe: I will vote confidence in the Minister, Deputy Darragh O'Brien, this evening, and not just because of his incredible dedication to his role, his resilience, and the effort he puts into making a difference to all that this Government wants to do better. I will vote confidence in him not just because of those qualities, which I see regularly. I will vote confidence in him because of the...

Confidence in Minister for Housing, Local Government and Heritage: Motion (13 Dec 2022)

Paschal Donohoe: I am only getting going. Let me get into some of the other homes being delivered. Let me talk about the homes that are in planning at the moment: 124 homes on Constitution Hill-----

Confidence in Minister for Housing, Local Government and Heritage: Motion (13 Dec 2022)

Paschal Donohoe: -----and 92 homes in Matt Talbot Court. Let me talk about the work our approved housing bodies are doing: Ellis Court, 22 homes; Connaught Street, 20 homes; Railway Street, 47 homes; North Great Charles Street, 52 homes; and Halston Street, 12 homes. For every home I have listed this Government wants to see more built and is determined to make a difference, but those are homes that are...

Confidence in Minister for Housing, Local Government and Heritage: Motion (13 Dec 2022)

Paschal Donohoe: Let me tell the House just how hollow the Sinn Féin claims are this evening. Its Front Bench spokesperson, Deputy Ó Broin, cannot even bother to be here for the debate this evening. Where are the Sinn Féin Deputies?

Confidence in Minister for Housing, Local Government and Heritage: Motion (13 Dec 2022)

Paschal Donohoe: Is that how little confidence Sinn Féin has in its own policies that its own spokesperson will not be here this evening to make the claim for it?

Confidence in Minister for Housing, Local Government and Heritage: Motion (13 Dec 2022)

Paschal Donohoe: I understand why they will not be here.

Confidence in Minister for Housing, Local Government and Heritage: Motion (13 Dec 2022)

Paschal Donohoe: It is because the Sinn Féin answer to every difficulty this Government knows we face, to everything we need to make a difference to, is that we need to spend more and we need to do more. I listened very attentively to the speeches from Deputy McDonald and the housing spokesperson, when he graced us with his presence. What they said was that Sinn Féin would build more homes with...

Confidence in Minister for Housing, Local Government and Heritage: Motion (13 Dec 2022)

Paschal Donohoe: Sinn Féin makes the same case for every difficulty that is raised with it and every problem to which it seeks to make a difference. Change is not promising everything to everybody. That is not positive change; it is cynicism. It is not change; it is populism. It is not policies; it is vitriol. What we need is a vision that can make a difference.

Confidence in Minister for Housing, Local Government and Heritage: Motion (13 Dec 2022)

Paschal Donohoe: What I see in the work of the Minister, Deputy O'Brien, a colleague with whom I am privileged to serve, is-----

Confidence in Minister for Housing, Local Government and Heritage: Motion (13 Dec 2022)

Paschal Donohoe: -----a plan we know needs to do better and a plan we know needs to deliver more, and it will due to the Minister, Deputy O'Brien, and the commitment and work of this Government. In contrast, we have an Opposition, especially a Sinn Féin Opposition, which says it wants to build more homes and to deliver more rental accommodation when it has turned landlords, developers and banks into...

Confidence in Minister for Housing, Local Government and Heritage: Motion (13 Dec 2022)

Paschal Donohoe: That is what they are in the Opposition's world. The people we need to build more homes, the people to whom we need to lend more to get those homes built, those we need to come back in to provide rental accommodation, in the Opposition's world, are terms of abuse and have been throughout this Dáil and before. When the Opposition then says it will spend more and build more, with what...

Seanad: Finance Bill 2022: Report and Final Stages (13 Dec 2022)

Paschal Donohoe: I thank the Senators for raising this issue through recommendation No. 1. I am not in a position to accept the recommendation because there are many other ways in which the potential for a wealth tax to raise additional revenue for the State can be evaluated over the course of the year. I do not believe it is appropriate, in the context of a Finance Bill, to incorporate a commitment to...

Seanad: Finance Bill 2022: Report and Final Stages (13 Dec 2022)

Paschal Donohoe: I thank the Senator for raising a number of important matters. In our last debate on this general issue, I covered some of the broader matters she has raised so I am going to confine my comments to the very important points she made regarding gender equality with regard to private pension tax relief and access to pensions. I acknowledge that there are very specific gender-related issues...

Seanad: Finance Bill 2022: Report and Final Stages (13 Dec 2022)

Paschal Donohoe: I thank Senator Higgins for the different issues that she has raised. It is important to know the banks we are referring to and the role that they play within our economy. I am as conscious as everybody else in this House of the cost and the considerable harm that was done to our economy and our country some years ago as a result of the behaviour of our banks. However, we need those same...

Seanad: Finance Bill 2022: Report and Final Stages (13 Dec 2022)

Paschal Donohoe: I did not say that.