Results 7,401-7,420 of 36,188 for speaker:Pearse Doherty
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: I appreciate that. Will the Minister clarify that capital expenditure will be increased by €800 million in line with the national development plan capital ceilings? Is this the figure we will see in the budget for 2023? Is there leeway to further increase capital? It is obviously not identified in the summer economic statement. The Minister could take some of the €2.7...
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: Will the Minister clarify what is the capital allocation for the Department of Housing, Heritage and Local Government for 2022 and 2023 respectively?
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: The ceilings will be maintained with no increase beyond what is set out in the national development plan.
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: We know there is construction inflation and that it is running at a significant level. Is it 8% or 9%? According to Housing For All, which is underpinned by these capital allocations in the national development plan, the target for 2023 is 9,100 social homes, with 5,500 affordable homes and cost rental homes next year. How does the Minister expect to deliver this same number of homes with...
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: Has the Department of Public Expenditure and Reform run the numbers based on inflation? The target in the national development plan is 9,100 social, affordable and cost rental homes from next year. The Department has provided an allocation of €3.516 billion. This was when inflation was quite level at less than 2%. Now inflation is running at almost 10%. Has the Department estimated...
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: Does the Minister have a figure for the likely carryover at this stage?
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: Does the Minister have any estimation? Are we talking about €50 million or hundreds of millions of euro?
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: It has been signalled that a package of one-off measures will be introduced on budget day beyond the parameters outlined in the summer economic statement. Will any part of that package alter the projected general Government balance, or will it all come out of the underspend in terms of the Ukrainian refugees?
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: How much of the contingency fund in 2022 is likely to remain unspent, given the trajectory of costs in terms of Ukrainians coming to our shores and the likely Covid expenditure by the end of the year?
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: I appreciate that. I have a number of other questions. I have raised for many years that there is no legal impediment to the earlier publication of the White Paper that comes out at midnight on the Friday before the budget. The argument has always been that it is crucial to feed the September fiscal monitor into the White Paper. That September fiscal monitor will not be available this...
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: Why not?
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: Will they be available after the first week?
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: The figures for September will be available to the Minister in the same way that the figures for October are available to him in the first week of that month. There is no reason the White Paper cannot be published on 9 September, in the same way that a White Paper is usually published around 9 October.
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: I encourage the Minister to give that commitment. I have two final questions. Does the Minister accept that there is a legal impediment on the Government to publish expenditure ceilings for three years?
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: Sorry. Is there a legal requirement on the Government to publish expenditure ceilings for three years?
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: The Minister did not do that in 2020.
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: The Minister did not do that in 2021.
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: Come on. Let us be clear. There is a legal requirement on the Minister to publish expenditure ceilings and it was not done in 2020 nor 2021 in the mid-year report.
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: They are usually published in the mid-year expenditure report. Is that correct?
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: They are usually published in the mid-year expenditure report. There were not. I take the Minister's point now and I took it at the time in 2020, but will they be published this year in the mid-year expenditure report? This is the last sitting day of the Dáil, after which the House will go into recess for more than eight weeks and the budget will not be published for a number of...