Results 21,401-21,420 of 26,081 for speaker:Kieran O'Donnell
- Public Accounts Committee: Special Report No. 78 of the Comptroller and Auditor General: Matters Arising out of Education Audits (Resumed) (10 Oct 2013)
Kieran O'Donnell: In essence, costs associated with Deloitte are about €100,000 while legal costs are about €20,000. That adds up to approximately €120,000 to date. In terms of consolidation, one is probably talking about €100,000 in consultancy fees for Grant Thornton.
- Public Accounts Committee: Special Report No. 78 of the Comptroller and Auditor General: Matters Arising out of Education Audits (Resumed) (10 Oct 2013)
Kieran O'Donnell: So about €213,000 has been expended to date on the consolidation process?
- Public Accounts Committee: Special Report No. 78 of the Comptroller and Auditor General: Matters Arising out of Education Audits (Resumed) (10 Oct 2013)
Kieran O'Donnell: I see them as two separate issues. I want to deal with the expenses issue first. A total of €120,000 has been extended to date in spending on that issue. The questions one must ask are whether that provides value for the taxpayer and whether that amount of money will be recouped from the legal case. Has the level of expenditure for personal use been quantified and how much does WIT...
- Public Accounts Committee: Business of Committee (10 Oct 2013)
Kieran O'Donnell: When was the correspondence received?
- Public Accounts Committee: Business of Committee (10 Oct 2013)
Kieran O'Donnell: Mr. Elderfield is no longer the deputy Governor of the Central Bank, yet the committee has received correspondence from him subsequent to his departure from that post. It appears the letter was received in October.
- Public Accounts Committee: Business of Committee (10 Oct 2013)
Kieran O'Donnell: It was received.
- Public Accounts Committee: Business of Committee (10 Oct 2013)
Kieran O'Donnell: That is fine.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)
Kieran O'Donnell: If the patent cliff had not happened what would be our growth rate today? That is the basis of Mr. McCarthy's argument.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)
Kieran O'Donnell: That is the basis of the argument.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)
Kieran O'Donnell: The primary surplus of 3.1%, 0.4% was estimated by the witnesses. This is roughly about €600 million or €700 million of a surplus.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)
Kieran O'Donnell: When the SPU figures are being done, why is a range of adjustments not considered as distinct from just looking at the 3.1%?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)
Kieran O'Donnell: This is a pertinent question.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)
Kieran O'Donnell: I apologise.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)
Kieran O'Donnell: I appreciate your guidance, Chairman. On the figures prepared by Mr. McCarthy, the slide on page 20 is the most important and informative from a general overall viewpoint and shows that GNP will grow by 0.2%. When were these up-to-date figures prepared?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)
Kieran O'Donnell: Therefore, they are based on the figures for two quarters. Mr. McCarthy said 0.2% would be the revised growth rate for GDP in 2013. However, he said earlier that the market consensus at this time was that it would be 0%. Is that correct? Will he elaborate on this?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)
Kieran O'Donnell: The Department is projecting a figure of 1.8% in 2014 and Reuters is coming in at around the same figure at 1.7%. In respect of the Department's forecasting, the only areas in which forecasting came in ahead of target were investments, in respect of which the Department forecast a rate of 3.7% and the figure is 4.9%, and unemployment, in respect of which the Department forecast a rate of 14%...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)
Kieran O'Donnell: We are getting conflicting messages from the numbers.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)
Kieran O'Donnell: On a final point, why did the Department project the unemployment rate to remain at 14%, but it decreased to 13.5%?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)
Kieran O'Donnell: Yes. The Department projected the level of employment at 1.6%-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)
Kieran O'Donnell: Will Mr. McCarthy explain the term "negative productivity"? Why is it manifesting itself in the economy?