Results 12,521-12,540 of 17,092 for speaker:Peadar Tóibín

Written Answers — Department of Health: Hospital Facilities (18 Jan 2023)

Peadar Tóibín: 1557. To ask the Minister for Health the total number of additional beds that were delivered in Mayo University Hospital and University Hospital Galway in each of the past ten years in tabular form. [1726/23]

Written Answers — Department of Finance: Inflation Rate (24 Jan 2023)

Peadar Tóibín: 113. To ask the Minister for Finance if his attention has been drawn to a prediction by the Governor of the Central Bank that inflation rates will continue to rise; and if he will make a statement on the matter. [56213/22]

Written Answers — Department of Finance: Economic Data (24 Jan 2023)

Peadar Tóibín: 120. To ask the Minister for Finance if his attention has been drawn to the reduction in the growth of activity and new business within the Irish economy in November, which is the lowest in 21 months; and if he will make a statement on the matter. [61738/22]

Written Answers — Department of Finance: Tax Yield (24 Jan 2023)

Peadar Tóibín: 265. To ask the Minister for Finance the amount of tax received on all fuel and energy in the past five years. [3362/23]

Written Answers — Department of Finance: Financial Services (24 Jan 2023)

Peadar Tóibín: 266. To ask the Minister for Finance if he is satisfied with the practices of the financial vulture fund companies in terms of the crisis affecting mortgage holders. [3363/23]

Written Answers — Department of Health: Medicinal Products (24 Jan 2023)

Peadar Tóibín: 590. To ask the Minister for Health if Sunosi, which is produced in Ireland and has a successful record treating persons with narcolepsy, is or will be made available on the medical card; and, if so, if this drug will be prescribed by a GP or only through a hospital. [3114/23]

Ceisteanna ó Cheannairí - Leaders' Questions (26 Jan 2023)

Peadar Tóibín: You would not know from the last two weeks of grudge politics between Fine Gael and Sinn Féin but the crises that are besetting the people of Ireland at the moment have not gone away whatsoever. Some 80% of the people of this State are struggling with the cost-of-living crisis. That seems to have been forgotten about by the political establishment. Figures provided to me by the...

Ceisteanna ó Cheannairí - Leaders' Questions (26 Jan 2023)

Peadar Tóibín: This cohort suffered most in the housing crisis and now it is most exposed to the increases in interest rates. What will the Government do to protect these families?

Ceisteanna ó Cheannairí - Leaders' Questions (26 Jan 2023)

Peadar Tóibín: I do not know what question the Minister answered but he did not answer my question. Putin does not set the VAT rates in this State. Putin does not regulate the vulture funds in this State. In those two aspects, he is irrelevant to the conversation. The electricity credit is less than all the increases in all the fuel and energy taxes in the last year. The Government has taken more money...

Ceisteanna ó Cheannairí - Leaders' Questions (26 Jan 2023)

Peadar Tóibín: The regulation of law is set by the Government.

Ceisteanna ó Cheannairí - Leaders' Questions (26 Jan 2023)

Peadar Tóibín: The Government -----

Ceisteanna ó Cheannairí - Leaders' Questions (26 Jan 2023)

Peadar Tóibín: That is because Government does not do regulation

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Economic Issues: Engagement with Governor of the Central Bank of Ireland (25 Jan 2023)

Peadar Tóibín: My first question concerns the inflation rate. There are different types of inflation. The main types are demand-pull inflation and cost-push inflation. Typically, increases in interest rates are best suited to demand-pull inflation. In other words, they are used to cool down demand and thereby get control of the inflation rate. What we have in this State is in many ways cost-push...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Economic Issues: Engagement with Governor of the Central Bank of Ireland (25 Jan 2023)

Peadar Tóibín: Is there any analysis of the proportion or the balance between the two? When we have a political debate many in the Government will put inflation down to issues such as the war in Ukraine, or difficulties with the energy supply. They are seen as the two big elements driving inflation. Does the Central Bank have any analysis of the proportion of inflation created by the supply side?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Economic Issues: Engagement with Governor of the Central Bank of Ireland (25 Jan 2023)

Peadar Tóibín: I appreciate the answer, but I am trying to see if there is any quantitative analysis in the contribution cost-push inflation has had. Can we say that 30% of the inflation that now exists stemmed from restrictions in the aggregate supply of goods into the sector. That has a number of policy results. If it is significantly cost-push an interest rate increase is less useful and more punitive.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Economic Issues: Engagement with Governor of the Central Bank of Ireland (25 Jan 2023)

Peadar Tóibín: I would greatly appreciate that. I think it is important. I am exaggerating here, but if most of our inflation is coming from the restricted supply of gas and other fuels then you can put interest rates up all day long and it is not going to make much difference to the inflation rate coming from those sources.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Economic Issues: Engagement with Governor of the Central Bank of Ireland (25 Jan 2023)

Peadar Tóibín: That is interesting because it is contrary to the political narrative in the State. The other issue I want to briefly touch on is one that is seldom discussed. Has any analysis been done by the Central Bank on the effect Covid restrictions had on interest rates? Obviously, we had a real illness and at times the Government had to deal with that and protect people with restrictions....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Economic Issues: Engagement with Governor of the Central Bank of Ireland (25 Jan 2023)

Peadar Tóibín: There are a couple of things there. It is very important that we have an Irish-wide analysis. European-wide analysis is fantastic but it is really important that we have analysis of the Irish experience specifically. We have had negative experiences with interest rates being set by the European Union. European Union interest rates led in significant part to our property bubble that...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Economic Issues: Engagement with Governor of the Central Bank of Ireland (25 Jan 2023)

Peadar Tóibín: Very good. In relation to the issues of the vulture funds and the interest rates they are charging, Mr. Madouros mentioned the code earlier. The code is a mechanism by which it is understood that we can make sure that vulture funds are adhering to Irish regulations. Is there any lever currently in place in the code to force the vulture funds to stop charging interest rates that are 2%, 3%...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Economic Issues: Engagement with Governor of the Central Bank of Ireland (25 Jan 2023)

Peadar Tóibín: From a legislative perspective, that is an incredibly weak position by the State, given the approximately 100,000 people who are in the hands of the vulture funds. In many ways, the previous Governments have created a system to force these individuals into the vulture funds' accounts. There is currently a two-tier mortgage system in Ireland. Some people have mortgage interest rates of 3%...