Results 9,801-9,820 of 32,864 for speaker:Paschal Donohoe

Committee on Budgetary Oversight: Summer Economic Statement: Discussion. (20 Jul 2017)

Paschal Donohoe: The Deputy can check the record.

Committee on Budgetary Oversight: Summer Economic Statement: Discussion. (20 Jul 2017)

Paschal Donohoe: The Deputy should check the record.

Committee on Budgetary Oversight: Summer Economic Statement: Discussion. (20 Jul 2017)

Paschal Donohoe: The Deputy put the question to me so I will respond. I do not accept that. I responded in the Dáil debate. I will meet the vigour of the terms used to describe me. If colleagues or opponents want to describe me in that way, it is their call. I have never used personal terms to describe anybody in a debate as much as I disagree with many around here. In my years of debating, I have...

Committee on Budgetary Oversight: Summer Economic Statement: Discussion. (20 Jul 2017)

Paschal Donohoe: The Deputy knows that the reason that is happening is because we are taxing that level of profit. The next leg of that argument is going to be that there are issues of the carry forward of losses and the taxation treatment of the carry forward of losses that has an effect on the tax liability in the here and now. If we were to change that there would be another set of consequences that I...

Committee on Budgetary Oversight: Summer Economic Statement: Discussion. (20 Jul 2017)

Paschal Donohoe: If I am incorrect in what I have said I of course apologise to the Deputy, but those were the rough terms used. If they were not used by Deputy Boyd Barrett they were used by other people.

Committee on Budgetary Oversight: Summer Economic Statement: Discussion. (20 Jul 2017)

Paschal Donohoe: With regard to inequality and wealth, there is poverty in our country that we have to alleviate and there is social injustice that we must address. The core point I am making, however, is if one looks at the aggregate measurement of these matters and uses the Gini coefficient, which is used by many figures on the left elsewhere, the fact is it has not changed in Ireland, despite the horrific...

Committee on Budgetary Oversight: Summer Economic Statement: Discussion. (20 Jul 2017)

Paschal Donohoe: What I have said, including at this committee today, is that I do not believe the economy is overheating. The reason I do not believe this is that the unemployment rate is still coming down and the pace of wage growth is in line with what one would expect to see after a horrific crash, when people are trying to rebuild their living standards. Wage growth of that magnitude is good because...

Committee on Budgetary Oversight: Summer Economic Statement: Discussion. (20 Jul 2017)

Paschal Donohoe: There are many of them. We are engaged in a review of capital expenditure that will culminate in the ten-year capital plan at the end of this year. However, if I pick out any particular area of Government expenditure, I will then have every Department other than my own contacting me to know why I have not named it, so I am not going to do that now. I will make just one very broad point...

Committee on Budgetary Oversight: Summer Economic Statement: Discussion. (20 Jul 2017)

Paschal Donohoe: We are engaged in discussions with the EIB on a whole range of different options. The issue on which there is most engagement is the agriculture scheme this year which the Deputy referred to. It was a really interesting initiative, led by the Minister for Agriculture, Food and the Marine and his Department, which sought to deal with the issues which farmers are facing as a result of pricing...

Committee on Budgetary Oversight: Summer Economic Statement: Discussion. (20 Jul 2017)

Paschal Donohoe: Yes, it would be a medium-term forecast that would begin to take effect from 2019 onwards because, at that point, the negotiations will have to be well concluded, one way or the other. We have not factored a very bad resolution of those negotiations into our gross forecasts. We have factored in a hard Brexit of some kind happening. This has suggested a loss of 0.75% gross, which is a very...

Committee on Budgetary Oversight: Summer Economic Statement: Discussion. (20 Jul 2017)

Paschal Donohoe: This is my third committee appearance in approximately two weeks. I have been before all the members in different committee formats during the past fortnight. I appear before committees regularly. I was asked to come in and speak about the summer economic statement, which I have done. I have been committed in respect of the mid-year expenditure report to the publication of CSR papers, and...

Committee on Budgetary Oversight: Summer Economic Statement: Discussion. (20 Jul 2017)

Paschal Donohoe: I am happy to stay here and I will stay here. I do not want to be discourteous to any colleague. I have never acted in that way. I thought an hour or an hour and a half would be enough to deal with matters that members want to raise. I will stay here and I will come back again. I am happy to come back again to the committee. I cannot do it today for other reasons; in other words, I...

Committee on Budgetary Oversight: Summer Economic Statement: Discussion. (20 Jul 2017)

Paschal Donohoe: Absolutely.

Committee on Budgetary Oversight: Summer Economic Statement: Discussion. (20 Jul 2017)

Paschal Donohoe: I flagged this in advance but I will stay because I know people travelled journeys to come to this meeting. This is an Oireachtas committee and I do not want to leave here with any member feeling that I am being discourteous.

Committee on Budgetary Oversight: Summer Economic Statement: Discussion. (20 Jul 2017)

Paschal Donohoe: Yes, I do.

Committee on Budgetary Oversight: Summer Economic Statement: Discussion. (20 Jul 2017)

Paschal Donohoe: I will deal with the Deputy's questions in the order in which he raised them. With regard to public pay, I understand that it will become clear by the middle of September if the second Lansdowne Road agreement is ratified by the public services committee of ICTU. Given that a number of unions oppose it at present, I will not assume that it will be passed. That would be disrespectful to the...

Committee on Budgetary Oversight: Summer Economic Statement: Discussion. (20 Jul 2017)

Paschal Donohoe: I know. There are many commitments in the programme for Government and I have to work with my government colleagues to try to deliver as many of them as possible. That is what we will be doing. On education and skills, it is a fair criticism of what we have been doing of late. Over the past number of years, we have said that we must account for demographics, but what are the figures for...

Committee on Budgetary Oversight: Summer Economic Statement: Discussion. (20 Jul 2017)

Paschal Donohoe: Okay.

Committee on Budgetary Oversight: Summer Economic Statement: Discussion. (20 Jul 2017)

Paschal Donohoe: The second Tuesday in October, which is 11 October.

Committee on Budgetary Oversight: Summer Economic Statement: Discussion. (20 Jul 2017)

Paschal Donohoe: We have received correspondence on that from the Department of Health, rather than the HSE, and on all the other budgetary needs for next year. The Department is flagging issues relating to how we look after our elderly as part of that.