Results 48,841-48,860 of 49,836 for speaker:Stephen Donnelly

Written Answers — Department of Justice and Equality: Prison Accommodation (25 Apr 2013)

Stephen Donnelly: 165. To ask the Minister for Justice and Equality if he will provide a detailed breakdown of the costs for staffed prison space, all prisons, which amounted to €65,359 per space in 2011 (details supplied); and if he will make a statement on the matter. [19629/13]

Public Sector Pay and Conditions: Motion (Resumed) [Private Members] (24 Apr 2013)

Stephen Donnelly: Croke Park II was rejected because it is a failed construct. I have no issue with the target to reduce public expenditure by €300 million but I object to Croke Park II, which aims to take it wholly and exclusively from pay and other remuneration. Any proposal to reduce expenditure must comply with three principles, the first of which is that public sector workers must be allowed find...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Stephen Donnelly: Am I correct that what Professor McHale is saying is that while obviously we will try to remain within the targets, should we miss them the optics for the international money markets are such that this would drive up bond yields, because, since we are rolling over our debt, the borrowing cost in that regard would increase and that increase in quantitative and qualitative terms would be more...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Stephen Donnelly: I thank the witnesses for their responses, which have been very useful.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Stephen Donnelly: It seems strange. I agree that the Department of Finance has not been politicised in its forecasts and I accept that there is no way to get the forecasts right, as there are two many large unknowns, but the logic that we have heard for ages is that the austerity-only approach can work if we have sufficient growth. Obviously, there will be no growth in the country because we are taking...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Stephen Donnelly: I am more concerned by the GDP distortion.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Stephen Donnelly: The average time that other members received was approximately 25 minutes, but I have only received 15 minutes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Stephen Donnelly: I am the fifth questioner. Divide the time. Can I have a further five minutes?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Stephen Donnelly: I thank the Vice Chairman. I wish to ask about the 1% margin of safety. In 2015, it hit 2%, not 3%. Last year, we were approximately 1% within the troika target. The council advocates that this is good, but we can quantify the flip side. One percentage point of GDP is approximately €1.67 billion. To stay 1% within the troika target in 2013, 2014 and 2015, the total figure will be...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Stephen Donnelly: I ask the witnesses to clarify an issue with regard to growth. The 2012 GDP growth, which is the outrun in the table, is 0.9%, but the IMF April 2013 figure is 0.7%. What is the figure for 2012 GDP growth? Why did the IMF come back with a lower figure after the fact?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Stephen Donnelly: I thank Professor Barrett. It was causing me confusion at 10 p.m. last night.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Stephen Donnelly: We have established the figure for 2012 is 0.9%. The most striking thing I took from the recent report was the graph showing the quarterly revision downwards of 2012 GDP growth by everybody. This is a clear inherent bias towards optimism. In the budget for 2013 the Department of Finance projects 1.5% for this year, 2.5% for next year and 2.9% for 2015, which is exactly the type of thing we...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Stephen Donnelly: Wait until people get their property tax bills and see what happens.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Stephen Donnelly: Given all of this do the witnesses believe the Department? Part of their job is to examine these issues.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council (24 Apr 2013)

Stephen Donnelly: That is a very diplomatic answer.

Estimates for Public Services 2013 (24 Apr 2013)

Stephen Donnelly: The question before the House is whether or not we should vote through Revised Estimates for this year that include the Croke Park II formula. On the basis that Croke Park II has been overwhelmingly rejected, I honestly believe this will be seen as an insult by the 290,000 public sector workers. It would be very unhelpful to the ongoing and sensitive negotiations to find an acceptable...

Written Answers — Department of Finance: Bank Guarantee Scheme Bond Repayments (24 Apr 2013)

Stephen Donnelly: 76. To ask the Minister for Finance if he will provide the total amount of pre-guarantee/unguaranteed debt paid out since the bank guarantee up to March 2011, and from March 2011 to date, by category senior secured, senior unsecured, junior secured, junior unsecured, retail and corporate deposits, interbank deposits, other liabilities, including the payment schedules, dates and tranche...

Written Answers — Department of Finance: IBRC Liquidation (24 Apr 2013)

Stephen Donnelly: 77. To ask the Minister for Finance further to Parliamentary Question Nos. 275, 276, 277 and 278 of 16 April, 2013, if he will provide details of the way that the Irish Bank Resolution Corporation assets relating to the €15bn the National Assets Management Agency funding were estimated, including any external verification; and if he will make a statement on the matter. [19459/13]

Written Answers — Department of Finance: IBRC Liquidation (24 Apr 2013)

Stephen Donnelly: 78. To ask the Minister for Finance further to Parliamentary Question Nos. 275, 276, 277 and 278 of 16 April, 2013 if he will provide the balance sheet of the Irish Bank Resolution Corporation at the time of liquidation, and detail where each asset and liability has moved to; and if he will make a statement on the matter. [19460/13]

Written Answers — Department of Finance: IBRC Liquidation (24 Apr 2013)

Stephen Donnelly: 79. To ask the Minister for Finance further to Parliamentary Question Nos. 275, 276, 277 and 278 of 16 April, 2013 if he will indicate who incurs the loss if the Irish Bank Resolution Corporation assets securing the €15bn debt purchased by the National Assets Management Agency from the Central Bank realise less than €15bn when sold; and if he will make a statement on the matter....