Results 2,841-2,860 of 3,336 for speaker:Kate O'Connell

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council (19 Apr 2018)

Kate O'Connell: It is almost like grandfathering.

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council (19 Apr 2018)

Kate O'Connell: We have what we have, but it is not as attractive as it was to come here-----

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council (19 Apr 2018)

Kate O'Connell: -----because the places from which they were coming have stated, "We will fix you up at home."

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council (19 Apr 2018)

Kate O'Connell: At some point Mr. McCarthy mentioned that the gap between borrowing and spending was approximately 0.2%.

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council (19 Apr 2018)

Kate O'Connell: Perhaps Mr. McCarthy might tell me where were we at the start of the recession. Comparatively, what was the gap nine or ten years ago?

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council (19 Apr 2018)

Kate O'Connell: Who was in government in 2010? Not us, I do not think.

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council (19 Apr 2018)

Kate O'Connell: I thank the Deputy for reminding me.

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council (19 Apr 2018)

Kate O'Connell: I thank the Comptroller and Auditor General.

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council (19 Apr 2018)

Kate O'Connell: I am not sure if anyone asked about the rainy day fund before I came into the room. Did we put €500 million into it last year? Are we going to put €500 million into it or what is the plan?

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council (19 Apr 2018)

Kate O'Connell: Just to clarify, it was said initially that it would happen when the books were balanced, but the term "broadly balanced" has come in now. He said yesterday that even if it is "broadly", he is going ahead.

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council (19 Apr 2018)

Kate O'Connell: Who is managing that fund? Is it the National Treasury Management Agency, NTMA? Who does this?

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council (19 Apr 2018)

Kate O'Connell: On the budget for next year and net fiscal space, will Mr. McCarthy outline what commitments have been made with next year's money? When we take out all the stuff we have spent such as the credit card or whatever, where are we in fiscal space?

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council (19 Apr 2018)

Kate O'Connell: Is it the case that no matter what the fiscal space is, there is €2.6 billion spent from it?

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council (19 Apr 2018)

Kate O'Connell: Without the €2.6 billion, does Mr. McCarthy have any idea of a ballpark figure for the fiscal space?

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council (19 Apr 2018)

Kate O'Connell: It is a secret.

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council (19 Apr 2018)

Kate O'Connell: Whatever it is we can take it that €2.6 billion has been spent.

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council (19 Apr 2018)

Kate O'Connell: I am nearly done. We are talking about the national debt ratio moving down. When the recession hit, did the countries that had a low debt to GDP ratio fare any better? At the time we referred to it as GDP before GNI* was introduced. I understand that there was no real benefit when things fell. Did the low GDP to debt ratio of certain countries have any positive effect on their outcomes?...

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council (19 Apr 2018)

Kate O'Connell: Was there any point to it if the outcome was going to be bad any way? Is Mr. McCarthy saying that the low debt ratio Ireland had when we went into the programme served us well in the long term because we are exiting better than countries such as Italy? Is it a good idea to pay down debt?

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council (19 Apr 2018)

Kate O'Connell: Reference was made to the national debt and the NTMA's €20 billion to €30 billion in cash reserves. What is happening with this?

Public Accounts Committee: Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council (19 Apr 2018)

Kate O'Connell: Sorry?