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Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2015)

Peadar Tóibín: Would IFAC have the facility or the competence to perform this role, now or in the future?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2015)

Peadar Tóibín: Go raibh maith agat, a Chathaoirligh. Dr. O'Sullivan's response to Deputy Creed's engagement was interesting. One of the witnesses spoke about one of the things missing from this. There is nothing in these rules to prevent the Government from increasing revenue if it seeks to increase expenditure. The Mallow bypass is not being stopped by anybody else's rules, but by a Government...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2015)

Peadar Tóibín: Indeed.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2015)

Peadar Tóibín: Would it be possible to say how much of our growth can be attributed to some of those external factors? Would it be 50%, 40% or 30%?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2015)

Peadar Tóibín: Okay. The level of demand in Britain and the United States and the exchange rate, both of which are outside the reach of policy drivers in this State, would be big determining factors in the health of the economy.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2015)

Peadar Tóibín: I suggest there would still be a certain level of pent-up demand from the crash within the growth levels we see. I am referring to postponed investment. Would the witnesses say pent-up demand and postponed investment over the last seven years are represented in the domestic growth figures?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2015)

Peadar Tóibín: Do the witnesses have any views on what is necessary to resolve the problems in the housing sector? Perhaps that question is too micro for their analysis.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2015)

Peadar Tóibín: My final question relates to planned Government investment over the coming years. I understand the level of investment is to be cut from 1.8% to 1.5%. We have had a conversation about infrastructural deficits. In a healthy economy that is maintaining its capital stock and ensuring competitiveness in that regard, what is the percentage of GDP in Government investment that is logical?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2015)

Peadar Tóibín: That is twice what it is now and more than twice what it is projected to be.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2015)

Peadar Tóibín: Okay. Sin é. Go raibh maith agaibh.

Written Answers — Department of Jobs, Enterprise and Innovation: IDA Jobs Data (16 Jun 2015)

Peadar Tóibín: 324. To ask the Minister for Jobs, Enterprise and Innovation if he will provide, in tabular form, the annual number of direct jobs in Industrial Development Agency Ireland foreign-owned client firms, created between 2000 and 2014. [23267/15]

Written Answers — Department of Justice and Equality: Migrant Integration (16 Jun 2015)

Peadar Tóibín: 435. To ask the Minister for Justice and Equality the reason the Office for the Promotion of Migrant Integration has not issued a call for proposals for integration work, as it had stated was its intention (details supplied). [23120/15]

Written Answers — Department of Justice and Equality: Migrant Integration (16 Jun 2015)

Peadar Tóibín: 442. To ask the Minister for Justice and Equality when the Office for the Promotion of Migrant Integration will issue a call for proposals for integration work, as was committed to in February 2015 year during his meeting with the Cultúr Migrants Centre; the lower and upper limits of funds to be made available; if he will indicate who may apply for funding; and the length of time the...

Written Answers — Department of Education and Skills: Schools Building Contractors (16 Jun 2015)

Peadar Tóibín: 719. To ask the Minister for Education and Skills if a report by the contractors administration services regarding the Carrickpherish, Waterford school building public works contract has been forwarded to her Department and to the National Employment Rights Authority; and the action that has been taken. [23560/15]

Written Answers — Department of Education and Skills: Schools Building Contractors (16 Jun 2015)

Peadar Tóibín: 720. To ask the Minister for Education and Skills if she will provide, in tabular form, the number of audits the Contractors Administration Services has conducted since its appointment; the names and locations of the publically funded school building projects where irregularities have been uncovered; if a report has been forwarded to National Employment Rights Authority on each occasion; if a...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Minister for Finance (16 Jun 2015)

Peadar Tóibín: It is usually ten minutes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Minister for Finance (16 Jun 2015)

Peadar Tóibín: The agenda for the ECOFIN meeting underlines the deep, comprehensive and invasive reach that the EU has within the Irish economy. Given the immediacy for Greece of the existential threat to the euro, I imagine most of the discussion, if not the thought, within the ECOFIN meeting will concern the crisis in Greece. Has the Government had any direct input into the negotiations regarding Greece?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Minister for Finance (16 Jun 2015)

Peadar Tóibín: I can understand why-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Minister for Finance (16 Jun 2015)

Peadar Tóibín: I appreciate that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Minister for Finance (16 Jun 2015)

Peadar Tóibín: The Minister mentioned that Germany and France have skin in the game with regard to the level of debt that they are owed.

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