Results 2,861-2,880 of 6,798 for speaker:Rose Conway-Walsh

Ceisteanna ar Pholasaí nó ar Reachtaíocht - Questions on Policy or Legislation (24 May 2023)

Rose Conway-Walsh: When?

Access to Autism and Disability Assessments and Supports: Motion [Private Members] (24 May 2023)

Rose Conway-Walsh: I thank the Labour Party for tabling this motion but I really despair. I was in the Seanad for four years and I have been here for two years. Year after year we table motions and talk and talk about things. Like many families in this country, I have a relative and family member who is autistic. He is 23 and I cannot see the changes that are made. I talk daily to parents of autistic...

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (24 May 2023)

Rose Conway-Walsh: Hopefully, there will be no more votes. I want to follow up on the regional development aspect of the funding. How are the projects valuated? I know Mr. Ashmore said this is done commercially but what model does he use to evaluate them? I am asking particularly because we are in a situation with the region in transition and the lagging region where we get 60% EU funding for those really...

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (24 May 2023)

Rose Conway-Walsh: Will Mr. Ashmore give me an example of where he has had the local authority and the ERDF funding and his own funding?

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (24 May 2023)

Rose Conway-Walsh: Are there not any in Mayo?

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (24 May 2023)

Rose Conway-Walsh: Okay. That gives me a good idea. How does Mr. Ashmore define a regional project?

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (24 May 2023)

Rose Conway-Walsh: Everything outside Dublin. Obviously, it is a big concern around the region in transition and lagging region and one sees the metrics there are continuous and unchanging. Within that defined area or that region, how much has been invested?

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (24 May 2023)

Rose Conway-Walsh: That would be good because the big problem we have is obviously to attract commercial activity when we do not have the basic infrastructure. We spoke earlier about the national grid and what we are losing there in terms of renewables and possibilities along the Atlantic economic corridor. Without those vital pieces, and Deputy Canney mentioned some earlier on around the western rail...

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (24 May 2023)

Rose Conway-Walsh: Obviously we have to be able to upscale our renewable wind and wave energy and all of that as well. Is the National Reserve Fund capable of providing the counter-cyclical instrument in the event of an economic downturn in the way that it is currently designed?

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (24 May 2023)

Rose Conway-Walsh: Does it have any tangible benefits in terms of how our debt and spending is viewed on the international markets or in the EU in terms of the fiscal rules?

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (24 May 2023)

Rose Conway-Walsh: Okay. I think my time is up.

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (24 May 2023)

Rose Conway-Walsh: I have a short question for clarification. All of the fund is stored entirely in Irish sovereign debt. When the National Reserve Fund buys Irish Exchequer notes, the fund is buying Irish debt. Is that right? I just want to understand the process. We have €6 billion from tax revenue and rather than spend that money, we decided to save it to buy the Irish debt. When we then put the...

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (24 May 2023)

Rose Conway-Walsh: Has our gross national debt increased, then, by €6 billion? It has not, obviously, because it essentially replaces other debt.

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (24 May 2023)

Rose Conway-Walsh: In order to withdraw the money from the National Reserve Fund, is there a corresponding repayment of debt?

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (24 May 2023)

Rose Conway-Walsh: To give an example, what would be the benefit of funding €1 billion in emergency flood relief from the National Reserve Fund compared with simply funding it directly?

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (24 May 2023)

Rose Conway-Walsh: I thank the witnesses for allowing me to clear that up.

Committee on Budgetary Oversight: Sovereign Wealth Funds: Discussion (24 May 2023)

Rose Conway-Walsh: I thank Professor Kinsella for his presentation. I found it most interesting and I would agree with most of it, looking at the timeline of the Norwegian model and what they learned along the way. There is no need for us to reinvent the wheel in some instances because Norway has had a couple of decades since 1998. Unfortunately, we gave away our oil and gas, otherwise we could have had the...