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

Alan Farrell: Particularly given the current occupant of the White House.

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

Alan Farrell: I am not sure the witness can answer, but from an observational perspective it appears the big states in the EU are pitching this for their own benefit as opposed to the European Union as a whole. The potential knock-on effects of what they propose - Mr. Macron in particular - will not be beneficial to the EU. It will be beneficial to France and Germany. Part of me is very much in favour...

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

Alan Farrell: I will move on. Does Mr. Moran know what the UK's contribution, in percentage terms, is of the overall EU budget?

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

Alan Farrell: A potential extra contribution of €400 million has been spoken of, pending all of the discussions that I know have yet to take place.

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

Alan Farrell: A sum of €10 billion or €11 billion?

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

Alan Farrell: What is that in percentage terms of the overall budget?

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

Alan Farrell: Is it 7% or 8%?

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

Alan Farrell: That is fine. The main issue I want to focus on is the national debt. It is €203 billion I believe.

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

Alan Farrell: I was reliably informed that is about €35,000 per person or something along those lines. We should all take out a loan from the credit union and pay it off.

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

Alan Farrell: Yes, they are. I refer to the management of the national debt. What do we do in the event of an international downturn or an all out trade war between China and the US and its implications for the EU and Ireland? We like to say we are in the heart of Europe but we are a small island off the edge of it. That is a problem in these potential scenarios. I refer to protecting Irish taxpayers...

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

Alan Farrell: Is it around 1% per annum? Or 2%?

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

Alan Farrell: Are we running the risk of repeating the same pattern, I will not call it a mistake, that we finished in the 1990s following the racking up of debt in the 1980s? We did not manage the debt. We let our national growth reduce the national debt instead without having paid anything off of it. Given the level of national debt at the moment, is there a concern, if we continue to grow at...

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

Alan Farrell: It is huge.

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

Alan Farrell: What is the nominal debt for Ireland within the EU, given its current size? What would be a normal, average debt?

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

Alan Farrell: I would be very interested to have a session on the annual report the witness referred to at some point in the future, when the Department is available.

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

Alan Farrell: Yes, just on the debt.

Written Answers — Department of Health: Primary Care Centres Provision (19 Apr 2018)

Alan Farrell: 87. To ask the Minister for Health the status of the construction programme for primary care centres through the National Development Plan 2018-2027, with specific reference to the Fingal area of Dublin; and if he will make a statement on the matter. [16707/18]

Written Answers — Department of Health: Hospitals Building Programme (19 Apr 2018)

Alan Farrell: 98. To ask the Minister for Health the status of the development of elective only hospitals as outlined in the National Development Plan 2018-2027; if the possibility of locating the elective only hospital for Dublin in Fingal has been considered; and if he will make a statement on the matter. [16708/18]

Death of Former Member: Expressions of Sympathy (18 Apr 2018)

Alan Farrell: I appreciate the opportunity to remember Peter. I first met him outside the Mansion House in 2010 or early 2011 at the launch of the Fine Gael candidates. I remember it well because Peter, as many, including the Taoiseach, said, spent a lot of time on the "Vincent Browne Show". I had watched him and he gave me a few tips and pointers. I was seven years a councillor at that stage. Peter...

Joint Oireachtas Committee on Children and Youth Affairs: Business of Joint Committee (18 Apr 2018)

Alan Farrell: As we have a quorum, I propose that we go into private session to deal with housekeeping matters. Is that agreed? Agreed.

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