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Committee on Budgetary Oversight: Engagement with the Central Bank of Ireland (8 Jul 2025)

Joe Neville: I thank Mr. Madouros for clarifying Deputy Guirke's question on bonds. He dealt with it admirably. He did not shy away from answering the question with the knowledge he has. He could have dealt with it later and come back to us, but he dealt with it very well. I have some general questions. I have read through the information and been listening for the past while. How does the Central...

Committee on Budgetary Oversight: Engagement with the Central Bank of Ireland (8 Jul 2025)

Joe Neville: Where does Mr. Madouros see the Central Bank's role and his own role with his team coming before the committee?

Committee on Budgetary Oversight: Engagement with the Central Bank of Ireland (8 Jul 2025)

Joe Neville: I have found it interesting that the same theme has been playing out in the past few weeks. Last week, we had the Irish Fiscal Advisory Council before the committee and the previous week, the Ministers, Deputies Chambers and Donohoe attended. All of them and the witnesses before us today adopted the same theme. I do not know whether it is a good thing, bad thing or a scary thing. Everyone...

Committee on Budgetary Oversight: Engagement with the Central Bank of Ireland (8 Jul 2025)

Joe Neville: Exactly.

Committee on Budgetary Oversight: Engagement with the Central Bank of Ireland (8 Jul 2025)

Joe Neville: Have we learned the lessons? We are aware of the lessons but have learned the lessons.

Committee on Budgetary Oversight: Engagement with the Central Bank of Ireland (8 Jul 2025)

Joe Neville: Like the way that happened in 2007.

Committee on Budgetary Oversight: Engagement with the Central Bank of Ireland (8 Jul 2025)

Joe Neville: Is there a risk it is currently happening right now?

Committee on Budgetary Oversight: Engagement with the Central Bank of Ireland (8 Jul 2025)

Joe Neville: It is a complex issue because we do not have the power to pull those levers that other, larger countries in Europe might have. As a smaller county, we do not necessarily have that influence. How do we make those changes to our economy to adjust for not having that power? If we were Germany, it might be a very different situation.

Committee on Budgetary Oversight: Engagement with the Central Bank of Ireland (8 Jul 2025)

Joe Neville: The reality of that same situation is that it is very hard to sit on massive budget surpluses every year and tell the public that. It is a tricky and complex one.

Committee on Budgetary Oversight: Engagement with the Central Bank of Ireland (8 Jul 2025)

Joe Neville: I get it. This is not a question, but I will leave on the point that it is very hard to make those decisions in light of how it is set up, that being, the revenue we are getting and from whom we are getting it. How do we stop that and how do we make a budget surplus and put the money away in a rainy day fund when the political realities mean it is harder to do that type of thing?

Committee on Budgetary Oversight: Engagement with the Central Bank of Ireland (8 Jul 2025)

Joe Neville: I was listening all the time and I was actually paying attention.

Public Accounts Committee: 2023 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure, National Development Plan Delivery and Reform
Vote 12 - Superannuation and Retired Allowances
Vote 39 - Office of Government Procurement
Vote 43 - Office of the Government Chief Information Officer
Chapter 3 - Vote accounting and budget management
(10 Jul 2025)

Joe Neville: The issues I want to raise today are more general. I might bounce around a few things. I want to touch on an overriding theme that might help me in the future inform how I understand the running of the country and, indeed, how we spend our money. To clarify, the overview of the brief states that the Accounting Officer of the Minister for the Department has a number of key statutory...

Committee on Budgetary Oversight: Engagement with the Central Bank of Ireland (8 Jul 2025)

Joe Neville: I thank the witnesses for coming in. It is a kind of weird dichotomy. I will finish on these points and refer to Governor's pre-budget letter, which is one of the documents we had. Ireland is particularly exposed to fallout. That makes sense and we need to build long-term resilience into the economy and public finances. Yes, we do need to expand the tax base and we need to look across...

Committee on Budgetary Oversight: Engagement with the Central Bank of Ireland (8 Jul 2025)

Joe Neville: It follows the previous material, so it just keeps adding, and whatever is the last country it goes into, it is on that as well, in simple terms.

Written Answers — Department of Education and Skills: Third Level Fees (8 Jul 2025)

Joe Neville: 121. To ask the Minister for Education and Skills his rationale regarding the change in the student contribution charge; and if he will make a statement on the matter. [37620/25]

Written Answers — Department of Education and Skills: Third Level Fees (8 Jul 2025)

Joe Neville: 160. To ask the Minister for Education and Skills to clarify the plans for the student contribution charge for the coming academic year; and if he will make a statement on the matter. [37619/25]

Written Answers — Department of Justice and Equality: Personal Injury Claims (8 Jul 2025)

Joe Neville: 643. To ask the Tánaiste and Minister for Justice and Equality the reason his Department wants to increase the personal injury guidelines by 16.7%; and if he will make a statement on the matter. [37365/25]

Committee on Budgetary Oversight: Engagement with the Central Bank of Ireland (8 Jul 2025)

Joe Neville: I heard that last week and the week before, but is there a risk of an echo chamber and of that information not being out in the public sphere as it should be? Is there an issue with getting that information out? Mr. Madouros has given the information here and I have heard it over the last couple of weeks but does he feel it translates abroad? Ultimately, political decisions are made with a...

Public Accounts Committee: 2023 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure, National Development Plan Delivery and Reform
Vote 12 - Superannuation and Retired Allowances
Vote 39 - Office of Government Procurement
Vote 43 - Office of the Government Chief Information Officer
Chapter 3 - Vote accounting and budget management
(10 Jul 2025)

Joe Neville: I want to clarify that that is correct because sometimes we have a number of different issues. I might use different examples of spending, so I get to understand how we use it. I will use a local example. We are talking about the 2023 accounts. In 2023, the OPW failed to buy the lands at Castletown House. They were purchased by a third party. There was always a question of how much...

Public Accounts Committee: 2023 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure, National Development Plan Delivery and Reform
Vote 12 - Superannuation and Retired Allowances
Vote 39 - Office of Government Procurement
Vote 43 - Office of the Government Chief Information Officer
Chapter 3 - Vote accounting and budget management
(10 Jul 2025)

Joe Neville: The limits are set by yourselves.

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