Results 21-40 of 1,153 for long speaker:Paschal Donohoe

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 13 - Office of the Chief State Solicitor
Vote 19 - Justice and Equality
Chapter 15: Lease of Accommodation for a Probation Service Project (21 Mar 2013)

Paschal Donohoe: I believe in the point of view of people in the system and those who are funding the system overall. They have a reasonable expectation that there would be objectives in place regarding how long the process will take, notwithstanding the complexities to which Mr. Purcell has alluded and of which I am aware. Let me move on to the operation of the process overall. As Mr. Purcell rightly...

Committee on Budgetary Oversight: Business of Select Committee
Ex-ante Scrutiny of Budget 2018 (Resumed): Minister for Finance (27 Sep 2017)

Paschal Donohoe: ...deeply aware of the anxiety and difficulty faced by people who cannot get a home. We are trying to do the right thing to change the supply of homes in Ireland to deal with this. The matter of the long-term direction of Rebuilding Ireland is something I am working on with the Minister, Deputy Murphy, and it is a decision he will make in the context of whether I can make more resources...

Public Accounts Committee: Department of Education and Skills - Review of Allowances (24 Oct 2012)

Paschal Donohoe: ...cash value of the allowance - perhaps we should do this as part of our report - we would find the high value allowances which lots of people are drawing and then it would tail off and leave a very long tail of lots of allowances that only a few people claim, like many of those here. That long tail is where much of the difficulty lies. It creates a perception among taxpayers and those who...

Written Answers — Department of Finance: National Debt (26 Jul 2017)

Paschal Donohoe: ...it has paid net cash interest in the amount of €3.6 billion  in respect of Ireland’s National Debt for the six-month period (January to end-June 2017)*. This figure includes net interest paid on long-term debt, other medium/long term debt, short-term debt, EU/IMF Programme Loans and State Savings products. While the vast majority of interest paid refers to debt...

Written Answers — Department of Finance: Tax Code (20 Mar 2018)

Paschal Donohoe: ..., let alone the discussions which must take place among Member States. We believe that further analysis is needed to achieve a globally agreed, evidence based solution, sustainable in the long run and focussed on aligning taxing rights with the location of real substantive value creating activity.  It has long been our position that it has been the mis-match arising from different...

Written Answers — Department of Finance: National Debt (30 Jun 2020)

Paschal Donohoe: ...of recent years to lengthen the maturity of the National Debt and lock-in the benefit of low interest rates.   Since the turn of 2015, the NTMA has issued €90 billion of medium- to long-term debt. This was issued in the form of standard benchmark bonds, green bonds, inflation-linked bonds and ultra long-term (circa 50–100 year) private placements. This €90...

Written Answers — Department of Finance: Bond Markets (16 Jul 2020)

Paschal Donohoe: ...of recent years to lengthen the maturity of the National Debt and lock-in the benefit of low interest rates. Since the turn of 2015, the NTMA has issued over €90 billion of medium- to long-term debt. This was issued in the form of standard benchmark bonds, green bonds, inflation-linked bonds and ultra long-term (circa 50–100 year) private placements. This funding of...

Written Answers — Department of Public Expenditure and Reform: Public Private Partnerships (6 Jul 2017)

Paschal Donohoe: PPPs offer an alternative model for delivering infrastructure, that can facilitate the delivery of additional capital projects and that can be effective in particular circumstances. However, the long-term nature of the financial commitments arising under PPPs require that the use of such arrangements must be carefully planned in order to ensure that they are used to address infrastructural...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Discussion (16 Jan 2018)

Paschal Donohoe: ...because at that point in time the scale of losses at the banks posed an existential threat to the Irish economy. If a pathway to profitability was not identified and the pathway embarked on, the long-term consequences for the economy would have been profoundly negative. It is not just the long-term consequences, the short-term consequences when our banks were unprofitable and unable to...

Written Answers — Department of Finance: Legislative Measures (19 Jan 2022)

Paschal Donohoe: ...changes were made to the time limits for making complaints to the FSPO’s predecessor, the Financial Services Ombudsman’s Bureau. This introduced additional time limits for complaints in respect of a “long-term financial service”. These expanded time limits were included in the Financial Services and Pensions Ombudsman Act 2017 which established the FSPO. The...

Written Answers — Department of Finance: Tax Reliefs Application (17 Jan 2019)

Paschal Donohoe: I understand that the Deputy is referring to a proposed extension to the existing exemption of certain income from long-term leasing of farm land to include rent received by a lessor in respect of a residential property. Section 664 of the Taxes Consolidation Act 1997 provides for the exemption of certain income from leasing of farm land, where the land is let under a qualifying lease, by a...

Written Answers — Department of Finance: Financial Services (22 Feb 2022)

Paschal Donohoe: ...for making complaints to the FSPO’s predecessor, the Financial Services Ombudsman’s Bureau. This introduced additional time limits for complaints about the conduct of financial service providers, in respect of a “long-term financial service". These expanded time limits were included in the Act, which commenced in January 2018, when the FSPO came into existence....

Seanad: Order of Business (23 Feb 2010)

Paschal Donohoe: .... Second, it was to reduce the need of the State to take ownership and a role in our banks. Over the weekend, we saw that this was not the case either. Third, we heard much about the concept of long-term economic value and why it was important to the economy and the banks. On Friday, we saw a response to the concept of long-term economic value when a piece of property valued at €31...

Public Accounts Committee: 2011 Appropriation Accounts of the Comptroller and Auditor General
Vote 36: Defence - Review of Allowances (18 Oct 2012)

Paschal Donohoe: To end on a different point, if we were to draw a graph with the value of the allowance and the number of people earning it, it would have a very long tail as it would slope off to a very low value of allowance earned by very few people. It is the length of the tail which is getting us into difficulties. I will pick out as an example the isolated outpost allowance claimed by 78 people,...

Written Answers — Department of Public Expenditure and Reform: Public Private Partnerships (20 Jun 2017)

Paschal Donohoe: The Deputy will be aware that a mid-term review of the Capital Plan is currently underway, the findings of which will ultimately help Government to put in place a new long term Capital Plan which is consistent with the new National Planning Framework to be published later this year. In that context, Government needs to formulate a strategic view on the extent to which PPPs should be...

Written Answers — Department of Finance: Social and Affordable Housing Provision (25 Oct 2018)

Paschal Donohoe: ...the considerable hurdles such as commerciality and balance sheet treatment. Despite this and as part of Rebuilding Ireland the potential off balance sheet model has now been superseded by the Enhanced Long-Term Social Housing Leasing Scheme launched on 31 January 2018. The NTMA, as the National Development Finance Agency (NDFA), acted as financial advisor to the Department of Housing,...

Other Questions: Infrastructure and Capital Investment Programme (19 Oct 2016)

Paschal Donohoe: ...to be the main educational priorities, and the same would happen for other Departments. We are looking to operate differently with this capital review process. My Department will outline our long-term infrastructural advantages and what we believe to be our long-term infrastructural deficiencies. In addition to the feedback I will receive from Departments, my objective is for my...

Written Answers — Department of Finance: Sovereign Debt (13 Nov 2019)

Paschal Donohoe: ...yield of 0.9% and a weighted average maturity of over 16 years. A further €0.4bn was issued by way of a new inflation linked bond maturing in 2045 and a 100-year note maturing in 2119. This brings total long-term funding for the year to close to €15bn. I am informed by the National Treasury Management Agency that it is confident its prudent approach to the...

Other Questions: Transport Infrastructure (3 Feb 2015)

Paschal Donohoe: To answer the Deputy's specific question, I do not believe that BRT on its own would replace a long-term rail or public transport option for the north side of the city. At the moment, we are exploring what role it can play in the medium term. As the Deputy is aware, and as I have said in response to other Deputies earlier on, we will be getting back a business case which will allow me to...

Written Answers — Department of Finance: Credit Union Lending (31 Jan 2018)

Paschal Donohoe: ...lending over 5 years and over 10 years. Following commencement of the Credit Union and Co-operation with Overseas Regulators Act 2012 (2012 Act) these “Section 35” restrictions in relation to long-term lending are set out in Central Bank regulations which commenced on 1 January 2016. The Credit Union Advisory Committee, CUAC, in its 2016 report, recommended a full...