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Written Answers — Department of Finance: Debt Collection (4 Jul 2017)

Paschal Donohoe: In 2013 the Department of Public Expenditure and Reform commissioned a review of the management of debt across five areas: the HSE, Local Government, the Department of Social Protection, the Department of Agriculture, Food and Marine and the Courts Service. Following a procurement exercise, BearingPoint were appointed to conduct the review. The Debt Management Review was published by the...

Written Answers — Department of Finance: National Training Fund (4 Jul 2017)

Paschal Donohoe: The issue the Deputy raises regarding the use of differential rates was one of a number of issues raised in the recent consultation process that the Minister for Education and Skill and I held.  As I highlighted in my previous response to the Deputy, both Departments are now actively considering all of the issues raised as part of...

Written Answers — Department of Finance: National Training Fund (4 Jul 2017)

Paschal Donohoe: I propose to take Questions Nos. 146 to 148, inclusive, together. The Fiscal Rules were not developed by Eurostat and they have no oversight on the assessment of compliance, therefore it is not necessary to consult with or seek approval from them.  The assessment of compliance is undertaken by the European Commission (EC) in terms of the EU Fiscal Rules and by the Irish...

Written Answers — Department of Finance: Public Sector Staff (4 Jul 2017)

Paschal Donohoe: On foot of one of the recommendations of the Report of the Interdepartmental Group on Fuller Working Lives, my Department, with Public Service employers, was tasked to review the current statutory and operational considerations giving rise to barriers to extended participation in the public service workforce up to and including the current and planned age of entitlement to the Contributory...

Written Answers — Department of Finance: Departmental Staff Data (4 Jul 2017)

Paschal Donohoe: My Department does not currently hold central information on the numbers on transfer lists.  This information, where available, is held by individual Departments only. As you will be aware, Action 15 of the Civil Service Renewal Plan has a commitment to develop a mobility scheme within the Civil Service. Work on this scheme is ongoing with the Civil Service Management Board, Departments...

Written Answers — Department of Finance: Public Sector Pensions (4 Jul 2017)

Paschal Donohoe: The Public Service Pension Reduction (PSPR) reduces the value of those public service pensions which have pre-PSPR values above specified thresholds. It does so in a progressively structured way which has a proportionately greater effect on higher value pensions. A very significant part-unwinding of PSPR in three stages is taking place under the Financial Emergency Measures in the...

Written Answers — Department of Finance: Community Sector High Level Forum (4 Jul 2017)

Paschal Donohoe: The Community Sector High Level Forum was reconvened in 2015 since when it has met four times. Previously approved meeting minutes are publicly available on my Department's website and contain the names of the participants on the Forum.  The Forum is tasked with providing for the exchange of views on a range of issues relating to the sector and is currently...

Written Answers — Department of Finance: Departmental Expenditure (4 Jul 2017)

Paschal Donohoe: I have included a table provided by the Institute of Public Administration which sets out the amount spent by each government department on programmes at the Institute over the past five years. The table does not take account of income derived from accredited programmes from certificate to doctorate level. These programmes come under the Post Entry Education Scheme where the fees...

Written Answers — Department of Finance: Brexit Data (4 Jul 2017)

Paschal Donohoe: The head of my Department’s Brexit/EU/North South Unit is responsible for coordinating Brexit issues in the Department.  The Unit oversees Brexit work across the Department and acts as the contact point with the Department of the Taoiseach, the Department of Foreign Affairs & Trade and other Government Departments.  It is represented on the Inter-Departmental Group on...

Written Answers — Department of Finance: Appointments to State Boards (4 Jul 2017)

Paschal Donohoe: I am assuming the deputy is referring to vacancies on State Board. Guidelines on appointments to State Boards were issued in November 2014 and since then all vacancies on State Boards are advertised on the portal, www.stateboards.ie, operated by the Public Appointments Service (PAS).  Each vacancy sets out specific and detailed criteria and the PAS operate a transparent assessment system...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Asian Infrastructure Investment Bank Bill 2017: Committee Stage (4 Jul 2017)

Paschal Donohoe: This is a very straightforward section that lays out the contents of the agreement and makes clear that any amendment to this agreement in future must be approved by means of a Dáil resolution in accordance with Article 29.5.2° of the Constitution.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Asian Infrastructure Investment Bank Bill 2017: Committee Stage (4 Jul 2017)

Paschal Donohoe: Subsection (1) of this section provides for the approval of the terms of the agreement establishing the Asian Infrastructure Investment Bank, thereby providing approval for the State being a party to the agreement. The articles of agreement establishing the Asian Infrastructure Investment Bank are included as a Schedule. Subsection (2) of the section provides that any future amendments to...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Asian Infrastructure Investment Bank Bill 2017: Committee Stage (4 Jul 2017)

Paschal Donohoe: I understand it is a constitutional requirement.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Asian Infrastructure Investment Bank Bill 2017: Committee Stage (4 Jul 2017)

Paschal Donohoe: Some debate took place in the European Union as to whether countries would join it. During the period we were considering what would be the best decision for our country to make, other countries decided to join and we now form the second group of countries from the European Union that are joining.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Asian Infrastructure Investment Bank Bill 2017: Committee Stage (4 Jul 2017)

Paschal Donohoe: My understanding is that the main difference between us and a founding member applies to the voting weights. Founding members are allocated 600 additional member votes as a result of their status. However, we are joining on the same terms as all other countries which are joining at the same point as us. We will enjoy equivalent voting rights to them.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Asian Infrastructure Investment Bank Bill 2017: Committee Stage (4 Jul 2017)

Paschal Donohoe: On the question on the difference in timing, as I said when we were weighing up the right approach for us, other countries decided to go ahead and join. The benefit of doing that, of course, was that it gave us the opportunity to observe the operation of the bank for a year and to be satisfied that we believed joining it would be right for the country. We were able to see how the governance...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Asian Infrastructure Investment Bank Bill 2017: Committee Stage (4 Jul 2017)

Paschal Donohoe: There is, in the sense that it is calculated relative to country's share of the bank overall. I will first explain how our share is calculated. Our shareholding is calculated based on the remaining unallocated capital in the bank and an applicant's GDP share relative to non-regional banks in this round of applications. An initial estimate of our percentage shareholding suggests it will be...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Asian Infrastructure Investment Bank Bill 2017: Committee Stage (4 Jul 2017)

Paschal Donohoe: We will have 1,313 shares. Luxembourg, for example, will have 697; Denmark will have 3,695; and Austria will have 5,008.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Asian Infrastructure Investment Bank Bill 2017: Committee Stage (4 Jul 2017)

Paschal Donohoe: Yes.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Asian Infrastructure Investment Bank Bill 2017: Committee Stage (4 Jul 2017)

Paschal Donohoe: We have to pay in an amount of money for it. The subscription for that is €25 million payable over five years.

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