Results 5,481-5,500 of 8,016 for speaker:Peter Burke
- 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 a complex issue that is being debated.
- 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 repercussions of the result will be very substantial too in terms of the tax code and what it means for the Revenue Commissioners in making determinations. It is far-reaching.
- 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 will touch on a few other issues. I understand the independent Irish Fiscal Advisory Council, IFAC, made 25 recommendations in a report published in 2015. Three recommendations were outside the control of IFAC and it was decided that two recommendations would not be acted upon. What were the recommendations that were not implemented?
- 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 do not have them in front of me.
- 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: Has the rainy day fund been set up and is the €1.5 billion deposit already in it?
- 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: We have €500 million from corporation tax that has been set aside as well.
- 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: Issues were raised about deploying the rainy day fund in a countercyclical manner if the economy meets a shock. Questions have been raised about the flexibility of the fund with regard to drawing down funds in light of domestic and EU rules on spending. Is this significant level of concern justifiable in terms of how we can spend that money should the economy experience a shock?
- 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 issue arises when the money is coming out.
- 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: Strictly-speaking, under current fiscal rules, we would be limited in terms of how we would be able to use that money. Is that correct?
- 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 would be a very significant crisis.
- 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: Force majeureindicates that it would be a very difficult situation.
- 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: Doe we have that assurance from the Commission in writing? The independent Irish Fiscal Advisory Council, IFAC, raises this matter as a significant concern in one of its papers.
- 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: Both positive and negative.
- 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 just not simple either. Obviously, there is a demonstration to be done-----
- 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: -----regarding the ability to spend the moneys that will be generated.
- 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 would like to touch on the concerns that were highlighted by the Irish Fiscal Advisory Council regarding expenditure in the State at present. It has been suggested that we are reliant on the significant revenues from corporation tax, which have been increasing over recent years. It seems that we are particularly reliant on the moneys generated by the top ten corporates. I note that the...
- 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 needs to be significant. I ask Mr. Moran to touch on the points I have made.
- 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: Concerns have been raised about some increases within our expenditure growth of €4.5 billion. Does Mr. Moran think this growth is sustainable, given the uncertainties associated with Brexit and our increased level of corporation tax? I appreciate that some money is being put aside.
- 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: When Mr. Moran looks at the increases in our expenditure level over a number of years, is he happy that it is reasonable? The council raised concerns about the increase in budget 2019, in particular.
- 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: Obviously, the council did not have any major issue with the tax element of the budget. Is Mr. Moran concerned about that?