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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (14 Sep 2022)

Mairéad Farrell: I am not asking Dr. Hunt to predict. I am just saying it is a concern and Dr. Hunt has said the bank is monitoring that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (14 Sep 2022)

Mairéad Farrell: I have a final question on the Irish language. There does not seem to be the ability to do online banking through Irish. First, there are many people whose main language is Irish and who understand Irish best. Second, we want to promote the Irish language. Has the bank given any consideration to putting online Irish-language facilities? It would be a very good thing and it could lead the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (14 Sep 2022)

Mairéad Farrell: That is great. I cannot wait to see it.

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Mairéad Farrell: I also only have five minutes. I thought I had ten and had prepared lots of questions.

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Mairéad Farrell: What I mean is that I just have actual questions. I would like the answers. I will be as brief as possible and we may even be under the five minutes. I have two questions for the ESRI. Its opening statement mentioned the expansion of the working families payment. I have heard that twice from different groups in different contexts. I think I also heard it from IBEC and from a Fine Gael...

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Mairéad Farrell: I thank Dr. Lynch. On the working families payment, I seek a brief response.

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Mairéad Farrell: I am sorry; I only have approximately 20 seconds left, unfortunately. That is very interesting but it is just that I had heard about expanding it. I thank Dr. Doorley. The fact that it is more beneficial for people and that it is more targeted is quite interesting. I have a few questions for IFAC. Deputy Lahart made this point as well. We hear about the over-reliance on corporation...

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Mairéad Farrell: I get that. I was wondering specifically what had been done. When I read Mr. Barnes's piece last week, the other thing that stood out was the whole idea of the 9% not being targeted. It did not get half the coverage that other points in the piece got and really should have been headline news. Dr. Doorley has mentioned how hard it is to target low and middle income earners who are really...

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Mairéad Farrell: That was another point I was about to make because we discussed it the last time Mr. Barnes was before the committee and Deputy Boyd Barrett raised it in relation to the wages. As Mr. Barnes mentioned, we are seeing big price rises in food and energy, which are imports. Mr. Casey noted that we have seen growth in the first and second quarter but we are hearing soundings about a recession or...

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Mairéad Farrell: I am sorry that because I was in meetings, unfortunately I did not get to hear all the contributions and the answers that have been given to the different questions. I attended the western IBEC meeting on Friday, which was very interesting. I noted, and was particularly interested in, a contribution that focused specifically on the expansion of research and development. The nature of the...

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Mairéad Farrell: That is what he was saying.

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Mairéad Farrell: That point spoke to me when I heard it. To be frank, I disagreed with some of the proposals in Friday's meeting but that point about research and innovation stood out to me. I thought it was very interesting. I found the opening statements made to this meeting very interesting. Our guests have responded to my colleague, Deputy Patricia Ryan. At one point in his opening statement, Dr....

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Mairéad Farrell: Apple obviously came through the state investment initially and we probably wish we had kept that equity stake in it as it continued. That is quite interesting. As Dr. McDonnell said, some of it applies in the medium to long term and what we need for medium-income households, as we need for lower-income households, is what can be done immediately. We need a way to tackle childcare and...

Summer Economic Statement: Statements (14 Jul 2022)

Mairéad Farrell: As the Minister outlined, the summer economic statement is an important part of the budgetary process. It gives us the context ahead of the budget. Over the last two years our conversations at this time have been around Covid and the impact of the pandemic. Before that, the uncertainty surrounding Brexit dominated our conversations whereas this year the focus has shifted to record...

Written Answers — Department of Employment Affairs and Social Protection: Social Welfare Payments (14 Jul 2022)

Mairéad Farrell: 111. To ask the Minister for Employment Affairs and Social Protection the reason that it can take several months to resume a suspended payment in certain cases such as in the case of a person (details supplied); if her Department is undertaking work to reduce these delays and if she will make a statement on the matter; and if she will make a statement on the matter. [34280/22]

Written Answers — Department of Employment Affairs and Social Protection: Social Welfare Benefits (14 Jul 2022)

Mairéad Farrell: 528. To ask the Minister for Employment Affairs and Social Protection the reason that applications for jobseeker’s benefit for education sector workers are taking longer to process currently compared to previous years; and if she will make a statement on the matter. [38802/22]

Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)

Mairéad Farrell: Apologies have been received from Deputies Nash and Durkan. I wish to highlight to members that we will have a short private session following the public session. I welcome the Minister for Finance and the Minister for Public Expenditure and Reform and their officials to the meeting to discuss the summer economic statement. Before we begin, I wish to explain some limitations to...

Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)

Mairéad Farrell: Go raibh míle maith agat, a Aire. I will open the discussion up to members following our usual speaking rota and we will start with an Teachta Doherty.

Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)

Mairéad Farrell: The Deputy has three minutes.It would not be like him to have time left.

Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)

Mairéad Farrell: An Teachta Lahart has just come in so if Deputy Ryan wants to ask another question-----

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