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Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Irish Stability Programme Update: Minister for Finance (15 Apr 2014)

Michael McGrath: I have a supplementary question for the Minister. Will the review be published, including the analysis of the scenarios he has put to NAMA or is it commercially sensitive information? It is an important policy decision and I am sure the markets would be interested.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Irish Stability Programme Update: Minister for Finance (15 Apr 2014)

Michael McGrath: I will keep it to one question. It concerns the future of NAMA. The Minister appears to be disposed to an accelerated wind-down of NAMA, and there is a balance to be struck in assessing the factors that feed into that decision. Obviously, there is a review under way within the Minister's Department. The commercial property sector has recovered to some extent and conditions are somewhat...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Irish Stability Programme Update: Minister for Finance (15 Apr 2014)

Michael McGrath: If the numbers pan out as anticipated by the Department in this document, will there be some scope for income tax reductions in the budget next October?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Irish Stability Programme Update: Minister for Finance (15 Apr 2014)

Michael McGrath: It will be a case of giving with one hand but taking back with the other hand.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Irish Stability Programme Update: Minister for Finance (15 Apr 2014)

Michael McGrath: Absolutely.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Irish Stability Programme Update: Minister for Finance (15 Apr 2014)

Michael McGrath: Yes, I would like to share the initial round with Senator Byrne. I will come back in later on.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Irish Stability Programme Update: Minister for Finance (15 Apr 2014)

Michael McGrath: I thank the Minister and his departmental officials for their attendance. We have had a limited opportunity to review the draft document and to come up with key questions. How confident can we be that the Department’s projections in terms of GDP growth of 2.1% this year are going to be accurate? The Minister acknowledged that the outturn for 2013 was quite disappointing with a...

Written Answers — Department of Jobs, Enterprise and Innovation: Credit Guarantee Scheme Implementation (15 Apr 2014)

Michael McGrath: 117. To ask the Minister for Jobs, Enterprise and Innovation his views on whether the credit guarantee scheme provides good value for money for the firms participating in it; and if he will make a statement on the matter. [17464/14]

Written Answers — Department of Jobs, Enterprise and Innovation: Grocery Industry Competition (15 Apr 2014)

Michael McGrath: 121. To ask the Minister for Jobs, Enterprise and Innovation if he will consider fast tracking proposals to put a code of practice for the grocery industry on a statutory basis; and if he will make a statement on the matter. [17463/14]

Written Answers — Department of Finance: Fuel Rebate Scheme (15 Apr 2014)

Michael McGrath: 163. To ask the Minister for Finance if his attention has been drawn to the fact that a number of businesses are precluded from the diesel rebate scheme because they purchase fuel in quantities of less than 2,000 litres due to a lack of on-site storage; and if he will make a statement on the matter. [17295/14]

Written Answers — Department of Finance: Banking Operations (15 Apr 2014)

Michael McGrath: 184. To ask the Minister for Finance if his Department or the Central Bank of Ireland have made representations to the banks in respect of problems being encountered in respect of SEPA; and if he will make a statement on the matter. [17610/14]

Written Answers — Department of Finance: IBRC Bond Issues (15 Apr 2014)

Michael McGrath: 185. To ask the Minister for Finance the interest rate that applies to each tranche of bonds issued to replace the Irish Bank Resolution Corporation promissory; the average interest rate; the annual interest bill for 2013 for these bonds; and if he will make a statement on the matter. [17611/14]

Written Answers — Department of Finance: Property Taxation Data (15 Apr 2014)

Michael McGrath: 186. To ask the Minister for Finance the number of single debit authority payments for the local property tax which were not completed due to problems with implementation of SEPA; and if he will make a statement on the matter. [17612/14]

Written Answers — Department of Finance: Financial Services Ombudsman Issues (15 Apr 2014)

Michael McGrath: 200. To ask the Minister for Finance the person responsible for ensuring that the decisions of the Financial Services Ombudsman in respect of individual cases are implemented by the financial service providers concerned; and if he will make a statement on the matter. [17817/14]

Written Answers — Department of Finance: Consumer Protection (15 Apr 2014)

Michael McGrath: 205. To ask the Minister for Finance the law governing so-called pyramid investment schemes; his views on whether the law provides adequate protection for consumers; and if he will make a statement on the matter. [17957/14]

Written Answers — Department of Finance: Deposit Protection Scheme Issuse (15 Apr 2014)

Michael McGrath: 206. To ask the Minister for Finance The number of deposits covered by the deposit guarantee scheme; and if he will make a statement on the matter. [17958/14]

Written Answers — Department of Public Expenditure and Reform: Museum Projects (15 Apr 2014)

Michael McGrath: 282. To ask the Minister for Public Expenditure and Reform the provisions that have been made for the residents of Portobello in view of the potential risk which emanates from a design of the Office of Public Works on behalf of the Irish Jewish Museum and in view of the fact that their work covers the construction of a deep basement; and if he will make a statement on the matter. [17824/14]

Written Answers — Department of Public Expenditure and Reform: Museum Projects (15 Apr 2014)

Michael McGrath: 283. To ask the Minister for Public Expenditure and Reform his view of any further request that may come from the Irish Jewish Museum for additional assistance in the design of same; the criteria that will be used in assessing any request for further assistance; if any monetary limit might be applied to such assistance; and if he will make a statement on the matter. [17825/14]

Written Answers — Department of Jobs, Enterprise and Innovation: Small and Medium Enterprises Supports (15 Apr 2014)

Michael McGrath: 298. To ask the Minister for Jobs, Enterprise and Innovation the various non-bank sources of funding available to small and medium sized enterprises; the way SME's can access such funding; and if he will make a statement on the matter. [17682/14]

Written Answers — Department of Environment, Community and Local Government: Mortgage to Rent Scheme Application Numbers (15 Apr 2014)

Michael McGrath: 393. To ask the Minister for Environment, Community and Local Government if he will specify, for each financial institution, the number of mortgage to rent transactions that have been completed to date; the local authorities and or voluntary housing bodies concerned; the number that are currently being worked on; and if he will make a statement on the matter. [17273/14]

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