Results 4,041-4,060 of 11,187 for speaker:Colm Burke

Joint Oireachtas Committee on Health: General Scheme of the Health (Amendment) Bill 2022: Department of Health (23 Nov 2022)

Colm Burke: Those are the two time periods I am talking about. The courts do not sit in August, although they may sit for serious criminal matters. The District Court sits one or two days a week, depending on the area of the country. During the Christmas period the courts also do not really sit, except for criminal matters. Therefore, you would run into problems with the 14 days' notice. That is one...

Joint Oireachtas Committee on Health: General Scheme of the Health (Amendment) Bill 2022: Department of Health (23 Nov 2022)

Colm Burke: Someone could decide to interpret section 73A to that effect because of the way it is drafted.

Joint Oireachtas Committee on Health: General Scheme of the Health (Amendment) Bill 2022: Department of Health (23 Nov 2022)

Colm Burke: In a large number of these facilities - I am talking about more than 20 - the people are all over 70 but they have a structure in place as regards the care being provided. Looking at the drafting of the section, it would appear to me to give the power to an inspector to go into such a facility. Will that be looked at? Concerns are being raised about it. This legislation applies to both...

Joint Oireachtas Committee on Health: General Scheme of the Health (Amendment) Bill 2022: Department of Health (23 Nov 2022)

Colm Burke: Does this not make it a duplicate system? The Mental Health Commission is supposed to be doing its job in relation to these facilities, but when Covid came we found an awful lot of the mental health facilities were not at all up to scratch. There was one example where there were not even changing facilities for staff coming on duty, which would be a basic requirement in any medical...

Joint Oireachtas Committee on Health: General Scheme of the Health (Amendment) Bill 2022: Department of Health (23 Nov 2022)

Colm Burke: From the time the legislation is in place, is it envisaged that additional people will be required to do this work?

Joint Oireachtas Committee on Health: General Scheme of the Health (Amendment) Bill 2022: Department of Health (23 Nov 2022)

Colm Burke: I am going slightly off the point here. This question relates to the private and public facilities under the HSE's jurisdiction. There is huge variation in funding support. Is there not a need for the Department to look at that whole area? If we want really good care facilities to be provided, there has to be adequate funding in place, whether it is public or private. Should the...

Joint Oireachtas Committee on Health: General Scheme of the Health (Amendment) Bill 2022: Department of Health (23 Nov 2022)

Colm Burke: We need to make sure there is full compliance with regulation, but for that to happen we need to make sure there is adequate funding. We can easily fall into the problem where a private facility suddenly finds itself with its back to the wall and shortcuts can be taken. For instance, a number of facilities have closed down in the last eight to ten months because they felt they could no...

Written Answers — Department of Education and Skills: Schools Building Projects (22 Nov 2022)

Colm Burke: 378. To ask the Minister for Education and Skills the current position in respect of the approval for the new primary school for Blarney, County Cork which involves the amalgamation of the two existing primary schools; when her Department will sanction the building of this school in order that it can proceed with the planning application; and if she will make a statement on the matter. [57389/22]

Written Answers — Department of Justice and Equality: Departmental Properties (22 Nov 2022)

Colm Burke: 546. To ask the Tánaiste and Minister for Justice and Equality the long-term plan for the old Cork prison, in view of the fact that it has been vacant for a number of years; her plans to redevelop the prison; if there have been any discussions with Cork City Council or with any other bodies which may find it suitable for development; and if she will make a statement on the matter. [57445/22]

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund (17 Nov 2022)

Colm Burke: I thank the witnesses for appearing before the committee this morning to deal with the issues. Regarding the bailout of the banks, the estimated net cost for IBRC was €37.3 billion but the overall cost is around €45 billion. Can we get a breakdown of what each of the financial institutions cost us? I am looking for the net cost in real terms of AIB, Bank of Ireland, PTSB and...

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund (17 Nov 2022)

Colm Burke: Is Mr. Carville saying PTSB is €2.95 billion?

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund (17 Nov 2022)

Colm Burke: We still have shares in AIB. That is taking into account the value of those shares.

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund (17 Nov 2022)

Colm Burke: Therefore, in real terms, AIB cost us €4.3 billion. The big one was that IBRC was over €37 million in real terms.

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund (17 Nov 2022)

Colm Burke: We have now sold all the shares in Bank of Ireland meaning that we have nothing left to recover from Bank of Ireland, but the net cost to the State is around €2.1 billion in real terms.

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund (17 Nov 2022)

Colm Burke: I want to clarify. We put in over €74 billion in real terms in the amount of loans that were owed by people to the banks where the State as such took responsibility. Then we had a net cost to the State. I am talking about the net cost of Bank of Ireland to the State at the end of the day.

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund (17 Nov 2022)

Colm Burke: Therefore, we made a gain on Bank of Ireland, but what about AIB?

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund (17 Nov 2022)

Colm Burke: Okay. I move to a different issue. At the end of 2021 we had €237 billion in borrowings in real terms. While interest rates are low, looking at servicing that borrowing in the future, when will there be an increase in the cost of interest on that borrowing over the next three to four years? What is the calculation on that?

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund (17 Nov 2022)

Colm Burke: What was the net interest on that borrowing in 2021?

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund (17 Nov 2022)

Colm Burke: Is that likely to increase for 2022 and 2023? I am talking about the immediate-----

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund (17 Nov 2022)

Colm Burke: The debt was at €237 billion at the end of 2021. From here on in if we have a surplus and we do not have to borrow extra money, how much of that will be paid back over the next four years?