Results 5,461-5,480 of 8,016 for speaker:Peter Burke
- Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2019)
Peter Burke: One of the key matters that the-----
- Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2019)
Peter Burke: The Secretary General of the Department of Finance was before us in the Committee of Public Accounts two weeks ago and we could challenge him in a number of ways in terms of the various different concerns that arose in one of the Irish Fiscal Advisory Council's previous reports. In July 2018, the Irish Fiscal Advisory Council carried out a report on designing a rainy day fund that can fit in...
- Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2019)
Peter Burke: Has the Irish Fiscal Advisory Council looked at what more a prudence fund would require to be operable and to adhere to the fiscal rules so that it could be deployed in that manner?
- Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2019)
Peter Burke: Obviously, it is not to be deployed at a particular time and it is there to be kept like a rainy day fund. Is that the idea behind it?
- Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2019)
Peter Burke: Would a prudence fund require primary legislation?
- Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2019)
Peter Burke: I want to be clear on the difference between it and a rainy day fund in terms of how it is deployed. The witnesses are obviously talking about ring-fencing receipts in a prudence fund. Is that correct?
- Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2019)
Peter Burke: There has been a significant increase in capital expenditure and, over a five-year period, it is up almost 90%. The question arises of the payback to the wider economy. In a previous period when there was double-digit growth in current expenditure, credit increased quite rapidly, whereas credit is almost at stalemate at the moment and the macroprudential rules are acting as a safeguard to...
- Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2019)
Peter Burke: With regard to how additional corporation tax receipts are channelled, obviously, the rainy day fund is due to be established at the end of this year, there is a significant increase in capital expenditure and there is also the measure to reverse the reduction in VAT in the hospitality sector to bring in additional revenue. How significant are these three individual items in terms of...
- Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2019)
Peter Burke: With regard to the large investment in capital infrastructure, in the council's view, does that create less of a risk to the economy than current expenditure in terms of the payback through improving our infrastructure, given we had a lost decade, with no real investment at all in capital infrastructure?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2017
Chapter 22 - Irish Fiscal Advisory Council (30 May 2019) Peter Burke: I welcome the witnesses and thank the Secretary General and the Department officials for all the work they do in presiding over the Department of Finance. I want to touch on several topics. First, in regard to the state aid recovery case in connection with Apple, is it correct that the €14.3 billion is now in the escrow account?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2017
Chapter 22 - Irish Fiscal Advisory Council (30 May 2019) Peter Burke: Have we an estimated timeline for how long we are going to have to wait for a judgment? At what pace is the process moving?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2017
Chapter 22 - Irish Fiscal Advisory Council (30 May 2019) Peter Burke: Could it be a decade?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2017
Chapter 22 - Irish Fiscal Advisory Council (30 May 2019) Peter Burke: How does this case compare with other state aid cases in terms of scale and magnitude?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2017
Chapter 22 - Irish Fiscal Advisory Council (30 May 2019) Peter Burke: This case is colossal in scale and Mr. Moran is saying it could last for more than a decade. Does he have any idea how much has been expended on legal costs by the State to date? Obviously, Apple is also contesting the case.
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2017
Chapter 22 - Irish Fiscal Advisory Council (30 May 2019) Peter Burke: It is about capital maintenance. Do we have any idea how much legal costs could run to or do we have a projected outlay should this case continue to be delayed?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2017
Chapter 22 - Irish Fiscal Advisory Council (30 May 2019) Peter Burke: The legal costs will be substantial if they have already reached €7.1 million without a court hearing.
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2017
Chapter 22 - Irish Fiscal Advisory Council (30 May 2019) Peter Burke: That is excluding the escrow.
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2017
Chapter 22 - Irish Fiscal Advisory Council (30 May 2019) Peter Burke: Will Mr. Moran explain the breakdown of costs? He mentioned the CSSO.
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2017
Chapter 22 - Irish Fiscal Advisory Council (30 May 2019) Peter Burke: To Mr. Moran's knowledge, for how long did the longest state aid case run?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2017
Chapter 22 - Irish Fiscal Advisory Council (30 May 2019) Peter Burke: This case is dominating public discourse. It is incredible to think it will conclude so far away in the distance.