Results 3,101-3,120 of 15,555 for speaker:Eoghan Murphy

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Eoghan Murphy: The data management system seems to be a particular issue concerning where the Department needs to go from here in terms of its forecasting and managing difficulties that might arise.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Eoghan Murphy: Are proposals for that already being put forward to the Minister?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Eoghan Murphy: Is that falling to the Department of Public Expenditure and Reform rather than the Department of Finance?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Eoghan Murphy: What is the relationship with the Department of Public Expenditure and Reform now? Mr. Moran spoke about closer collaboration with that Department, but has it proven difficult for the Department of Finance, being cut in half?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Eoghan Murphy: Are there fluent management structures between both Departments? Could an assistant secretary or a second secretary go straight to a staff member at the Department of Public Expenditure and Reform with a task? I know they are in the same building but are they completely siloed in separate Departments?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Eoghan Murphy: Mr. Moran spoke about opening up the competition for an assistant secretary to people outside the Department. How successful has that been in bringing new people in?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Eoghan Murphy: When they come in like that, are they coming in on a fixed contract for a three year period or do they become permanent members of the Civil Service?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Eoghan Murphy: My last question in this area is on performance management, which Mr. Moran touched on. He said that 100% of staff go through the performance management review. What does that involve?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Eoghan Murphy: Aside from the investment required in IT systems to manage information and data, what if anything is left for the Department to do to change its internal structures? Is the job complete?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Eoghan Murphy: Are other Departments mirroring this and copying the improvements the Department of Finance is making in, for example, the information flow for parliamentary questions?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Eoghan Murphy: If other members want to come in on this subject, I will wait to ask questions on the strategy for growth.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Eoghan Murphy: I thank Mr. Moran and his officials for being here for so long. I wanted to wait until the end of the meeting because I wanted to examine the strategy for growth, or the medium-term economic review, which was released when we exited the bailout programme last December. My first question concerns the status of the document. Is it a recommendation to the Government? Does it outline our...

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Eoghan Murphy: It was drafted while we were still in the bailout programme with a view to looking ahead when we emerged from it.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Eoghan Murphy: Was it approved or did it have to be seen by our troika partners?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Eoghan Murphy: I do want to come back to this but wish to discuss the troika for the moment. Did it make any suggestions or amendments to change the language?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Eoghan Murphy: I was just interested in the language on page 26. There is a statement that retroactive recapitalisation may be decided on a case-by-case basis. I was not sure whether the troika had seen that.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Eoghan Murphy: It was already used. The troika did not have a problem with it being in the document. Let me turn to page 12 and to the issues Mr. McCarthy was addressing. There is a note under the table on page 12 that refers to the general Government balance after 2016 as being a technical assumption that indicates what is required to support the achievement of the medium-term objective of a structural...

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Eoghan Murphy: To take general government debt beyond 2016, if we want to move to a position by 2020 where it is below 93% of GDP, the figure on the last line, we must follow through with the eradication of the deficit and return to a balanced budget in 2020. Is that correct?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Eoghan Murphy: Let us take growth and unemployment out of the table for a moment because they are forecasts. All future Governments will be bound by these targets after 2015 or 2016.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014)

Eoghan Murphy: The two top lines on the table are GDP growth and unemployment. The former is very positive. Did we challenge this projection? It is all moving in one direction, which is also very positive. If one considers previous forecasts, however, including those produced by the International Monetary Fund and others, the projections for 2013 were very positive but as we moved towards the end of...