Results 5,041-5,060 of 6,454 for speaker:Gerald Nash

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (24 May 2023)

Gerald Nash: The next contributor is Deputy Conway-Walsh.

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (24 May 2023)

Gerald Nash: I thank Deputy Conway-Walsh and Mr. Ashmore. I have some questions as there is nobody else online who is waiting to come in. Regarding the fund size, the ISIF fund size was €9 billion if I am correct, and accumulated returns to mid 2021 based on the last annual report of €2.1 billion. The 2022 annual report would be expected very shortly, I think in July. I do not expect Mr....

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (24 May 2023)

Gerald Nash: The performance of ISIF since it was established in 2014 is impressive by any measurement. I received figures from the NTMA last week in a reply to a parliamentary question to the Minister for Finance. Yearly performance in 2014 was +5%, which at the time was good, +10.7% last year. We can anticipate that it will be lower than 10.7% on the basis of-----

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (24 May 2023)

Gerald Nash: The best year since ISIF was established.

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (24 May 2023)

Gerald Nash: On housing, the last time I met Mr. Ashmore was in Drogheda at a significant event in the context of capital investment and the enabling housing piece. ISIF is involved in an arrangement with the Housing Infrastructure Services Company and others to fund critical infrastructure to enable the development of several thousand new homes on the north side of Drogheda, one of the fastest growing...

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (24 May 2023)

Gerald Nash: That might be the direction of travel here. We are speaking in a bit of a vacuum because the policy decision has not been taken, and I know Mr. Ashmore is constrained by that. In terms of his knowledge of the kinds of funds that were anticipated here, how they might be developed and the kinds of arrangements involved in how they operate, we want to guard against any excessive withdrawal...

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (24 May 2023)

Gerald Nash: I thank Mr. Ashmore and Mr. Black for their contributions. It is the start of a process in terms of our interrogation of the question of sovereign wealth funds and where we go from here. We appreciate their contribution. I have no doubt we will be hearing from them again at some point soon. I thank them for taking the opportunity to be with us this evening. It is appreciated. I will...

Written Answers — Department of Transport, Tourism and Sport: Road Safety Authority (16 May 2023)

Gerald Nash: 239. To ask the Minister for Transport, Tourism and Sport if he will provide an update on any progress the RSA has made since it closed the temporary driving test centre in Drogheda on the identification of a site for a new temporary centre and/or a site for a permanent centre in the town; and if he will make a statement on the matter. [22844/23]

Written Answers — Department of Education and Skills: Schools Building Projects (16 May 2023)

Gerald Nash: 333. To ask the Minister for Education and Skills when the new school building project for a school (details supplied) will commence; the timeline for completion of the project; and if she will make a statement on the matter. [22750/23]

Written Answers — Department of Finance: Departmental Data (18 May 2023)

Gerald Nash: 212. To ask the Minister for Finance the annual return on investments made by the Irish Strategic Investment Fund for each year since its establishment; and if he will make a statement on the matter. [23902/23]

River Boyne Task Force Bill 2023: First Stage (30 May 2023)

Gerald Nash: I move: That leave be granted to introduce a Bill entitled an Act to establish a committee of the Eastern and Midland Regional Assembly to serve as a River Boyne Task Force with the function of proposing and promoting policies and priorities for the protection and enhancement of the environment of the River Boyne and of its natural habitats and wildlife and the co-ordination of the...

River Boyne Task Force Bill 2023: First Stage (30 May 2023)

Gerald Nash: I move: "That the Bill be taken in Private Members' time."

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (Resumed) (31 May 2023)

Gerald Nash: I thank Mr. Gjedrem for being with us and for sharing the benefit of his vast knowledge, wisdom and experience on this very important policy issue with which we are grappling in this country. It is a nice problem to have in terms of our future development and being responsible with the windfall revenues we anticipate from our corporation tax regime over the next few years, uncertain and all...

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (Resumed) (31 May 2023)

Gerald Nash: Of course. I am impressed to hear that the strategy appears not to be one of active management. We know from the experience of, for example, pension investment over the years that all the evidence shows that funds that are passively managed perform as well, if not better, in the longer term. While we accept and understand that the government is not directly involved in the day-to-day...

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (Resumed) (31 May 2023)

Gerald Nash: I understand that. That is important and something we can take note of as a committee as our work informs the development of a potential fund in an Irish context. I think a degree of political consensus is emerging in Ireland that we should also develop a fund of this nature. In scale, it will clearly not be close to that of the Norwegian fund, but I think the principle is accepted that...

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (Resumed) (31 May 2023)

Gerald Nash: I understand. There is no point in having prosperity without progress. We have many capacity issues here. In some ways, that is because of our macroeconomic success and fiscal position. There are big deficits in our public services. We now have not a once-in-a-generation opportunity to get things right but probably the best opportunity we have had since the foundation of the State. The...

Written Answers — Department of Employment Affairs and Social Protection: Social Welfare Benefits (23 May 2023)

Gerald Nash: 497. To ask the Minister for Employment Affairs and Social Protection if she is aware that separated couples who have divided responsibility for childcare across a given week are currently caught in a situation where neither party is deemed to be entitled to the working family payment, despite the children being entirely dependent on both parties; if she has plans to address this unfair...

Written Answers — Department of Employment Affairs and Social Protection: Social Welfare Eligibility (23 May 2023)

Gerald Nash: 498. To ask the Minister for Employment Affairs and Social Protection if, in the light of the changing shape of the Irish family, her Department has plans to review the eligibility criteria for family-based social protection payments; and if she will make a statement on the matter. [24988/23]

Written Answers — Department of Health: Health Services (24 May 2023)

Gerald Nash: 196. To ask the Minister for Health if any financial support or HSE schemes are available to Irish citizens for a specific treatment which is available in the UK (details supplied); and if he will make a statement on the matter. [25079/23]

Written Answers — Department of Education and Skills: Apprenticeship Programmes (25 May 2023)

Gerald Nash: 296. To ask the Minister for Education and Skills if he is aware of the anomalies that have been brought to the attention of the National Apprenticeship Office, SOLAS and the Health and Safety Authority by an organisation (details supplied) in respect of the current construction regulations and the ability of those who complete the new consortium-led scaffolding apprenticeship in December...