Results 21-40 of 31,221 for speaker:Paschal Donohoe

Committee on Budgetary Oversight: Stability Programme Update: Discussion (8 May 2024)

Paschal Donohoe: I will have to come back to the Deputy on that. My officials are looking at that row at the moment. The Deputy may ask a few more questions and I will see whether I can come back to him later in the session.

Committee on Budgetary Oversight: Stability Programme Update: Discussion (8 May 2024)

Paschal Donohoe: That work is being done at the moment. Getting into what the ELS will be and what the provision will be for new measures will form the work of the summer economic statement. I hope we will be in a position to give the Deputy an indication of that clearly for 2025. That kind of information is not normally included in the SPU.

Committee on Budgetary Oversight: Stability Programme Update: Discussion (8 May 2024)

Paschal Donohoe: It is what we have used. However, we are reviewing that at the moment. It is prudent before beginning every Estimates process to look at what the learnings are from the assumptions that were made regarding ELS from last year's Estimates process. My Department is reviewing that at the moment. Again, that will then feed into the estimate we make regarding the level of ELS for next year.

Committee on Budgetary Oversight: Stability Programme Update: Discussion (8 May 2024)

Paschal Donohoe: We have laid that out until 2026. That is included. In terms of the non-windfall capital expenditure, it goes to €13.6 billion and then to €14.2 billion in 2026. If you add the windfall capital allocations for those two years to that, it takes us to a total figure of €14.35 billion, rising to €15.45 billion.

Committee on Budgetary Oversight: Stability Programme Update: Discussion (8 May 2024)

Paschal Donohoe: Could the Deputy explain the question to me again?

Committee on Budgetary Oversight: Stability Programme Update: Discussion (8 May 2024)

Paschal Donohoe: It is laid out there. I have no doubt at all but that were we to try to meet the 5% spending rule for this year or next year, the Deputy would criticise us for trying to do that.

Committee on Budgetary Oversight: Stability Programme Update: Discussion (8 May 2024)

Paschal Donohoe: We have laid out-----

Committee on Budgetary Oversight: Stability Programme Update: Discussion (8 May 2024)

Paschal Donohoe: We have laid out clear reasons as to why the 5% spending rule needed to be changed or rather, not changed but why the rule is there and why we have been unable to meet it in recent years. We have also demonstrated our intent to try to move back to it. All of this will of course be up for revision when we put together the plan the Minister, Deputy McGrath, referred to a moment ago, when we...

Committee on Budgetary Oversight: Stability Programme Update: Discussion (8 May 2024)

Paschal Donohoe: Yes. In the budget, we will be able to lay out the detail of what is going where for the Department of housing and every other Department.

Committee on Budgetary Oversight: Stability Programme Update: Discussion (8 May 2024)

Paschal Donohoe: We have some understanding of what the detail is going to be. We know where funding is going for this year for different levels below the overall heading of housing. As I said, I am happy to come back to the Deputy with a bit more detail on that. However, it is not yet fully confirmed regarding what, for example, will be going to acquisition and to construction for the simple reason that...

Committee on Budgetary Oversight: Stability Programme Update: Discussion (8 May 2024)

Paschal Donohoe: I expect the private sector, with the momentum there at the moment, will be able to deliver a larger number of new homes in the time ahead. That should especially be the case if we begin to see an improvement in the interest rate environment across the next number of years and begin to see the issues that have been created by cost price inflation begin to moderate. That is a very reasonable...

Committee on Budgetary Oversight: Stability Programme Update: Discussion (8 May 2024)

Paschal Donohoe: No, that has not been determined yet. The reason is the ESRI is doing a piece of work for the Government at the moment to give us some perspective on what housing output will be and what the need for homes will be across the coming years. Then the Government in its entirety will make a decision on revised housing targets for the next number of years. As part of that and coming out of it,...

Committee on Budgetary Oversight: Stability Programme Update: Discussion (8 May 2024)

Paschal Donohoe: Out of that increase - I am just doing the maths - between 2025 and 2026, it is around a €600 million increase in core capital. It goes from €13.6 billion to €14.2 billion.

Committee on Budgetary Oversight: Stability Programme Update: Discussion (8 May 2024)

Paschal Donohoe: It has.

Written Answers — Department of Public Expenditure and Reform: Departmental Staff (8 May 2024)

Paschal Donohoe: The information requested by the Deputy in respect of my Department and the bodies under its aegis is set out in the table below. Public Body Number of Employees currently suspended on full pay pending disciplinary investigations Length of time under suspension Department of Public Expenditure, NDP Delivery and Reform 0 Not...

Written Answers — Department of Public Expenditure and Reform: EU Programmes (8 May 2024)

Paschal Donohoe: The Recovery and Resilience Facility (RRF) is a temporary instrument that is the centrepiece of NextGenerationEU - the EU’s plan to emerge stronger and more resilient from the coronavirus pandemic and build a greener, more digital and more resilient future. This instrument is outside of the multiannual financial framework. Through the Facility, the Commission raises funds by...

Written Answers — Department of Public Expenditure and Reform: National Lottery (8 May 2024)

Paschal Donohoe: I have contacted the Office of the Regulator of the National Lottery regarding your query on win rates of the National Lottery. The Regulator has informed me that, in relation to the odds of winning the National Lottery, the odds of winning the Lotto jackpot, which must be at least €2 million, are 1 in 10.7 million. Other National Lottery draw based games on sale offer players...

Ceisteanna Eile - Other Questions: National Development Plan (2 May 2024)

Paschal Donohoe: In terms of speedy progress, I have identified two matters. The first one is our efforts to ensure that we have enough companies tendering for public service contracts so that we have an adequate level of competition within the tendering process to allow key projects to go ahead. The second relates to the continued challenges we have with cost-price inflation. We are not seeing the surges...

Ceisteanna Eile - Other Questions: National Development Plan (2 May 2024)

Paschal Donohoe: There can be a number of factors behind a delay in a project. I highlighted to Deputy Durkan what in my experience are the two key reasons. I will make the general observation that there is always a demand for more projects to go ahead than there is funding available at any given time. All Ministers want to be in a position to spend more and to allow many more projects to go ahead that...

Ceisteanna Eile - Other Questions: Capital Expenditure Programme (2 May 2024)

Paschal Donohoe: I thank the Deputy for this important question. In budget 2024, a sum of €4.5 billion was allocated for non-core issues. These are costs that are driven by external developments or additional EU-funded projects that had to be reflected in our expenditure ceiling. The allocation covered pressures such as our humanitarian response to the arrivals fleeing war in Ukraine, legacy Covid...