Results 11,941-11,960 of 34,627 for speaker:Seán Fleming
- Public Accounts Committee: Business of Committee (12 Jul 2018)
Seán Fleming: The National Treasury Management Agency; we were talking about NAMA a moment ago. All of those are the accounts of the NTMA, which we will deal with shortly. That is noted. The next item is the Insolvency Service of Ireland, clear audit opinion. I think all of that is on today's list.
- Public Accounts Committee: Business of Committee (12 Jul 2018)
Seán Fleming: Yes, so the Deputy can read its financial report and see how it is doing. On the last item, I want to have a brief discussion on the work programme for the autumn. We want to have meetings set up for the autumn. We are back on 20 September. I think the Dáil comes back on 18 September. On 20 September, the first day back, we have agreed already that we will have NAMA...
- Public Accounts Committee: Business of Committee (12 Jul 2018)
Seán Fleming: Exactly. The 2017 annual report is normally out at the end of September. DPER representatives should be well able to speak on their Vote the following week.
- Public Accounts Committee: Business of Committee (12 Jul 2018)
Seán Fleming: That will be the 2017 material. If there is anything to finalise in the 2016 material, well and good. We will be on the 2017 Appropriation Accounts principally and those other items. On Thursday, 11 October, I suggest it is worth inviting in representatives of the Office of Public Works, which is a very interesting Department. They have not been before the committee in quite a while....
- Public Accounts Committee: Business of Committee (12 Jul 2018)
Seán Fleming: Yes.
- Public Accounts Committee: Business of Committee (12 Jul 2018)
Seán Fleming: The Department of Housing, Planning and Local Government.
- Public Accounts Committee: Business of Committee (12 Jul 2018)
Seán Fleming: At this stage we might schedule in the Department of Housing, Planning and Local Government for the following week because housing is a big issue. We need exact figures now on actual construction by local authorities and approved housing bodies and approvals for money. We saw in a report yesterday that one third of the money allocated to approved housing bodies had not been utilised. There...
- Public Accounts Committee: Business of Committee (12 Jul 2018)
Seán Fleming: And the cost, yes.
- Public Accounts Committee: Business of Committee (12 Jul 2018)
Seán Fleming: We will deal with housing and if members want to raise specific topics, they should submit them to the secretariat so that the Department can get notification of them. I suggest we deal with housing specifically on that particular day as it is such a big issue. We will not complicate other issues in the Department; we will deal with housing only. There might be more information in the...
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018) Seán Fleming: This session will deal with chapter 23 of the Comptroller and Auditor General's annual report. The chapter relates to the accounts of the National Treasury Management Agency, NTMA. We will also deal with the NTMA's financial statements for 2017, which have been published recently. We are joined today by Mr. Conor O’Kelly, chief executive officer at the NTMA, Mr. Ian Black, chief...
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018) Seán Fleming: I ask Mr. O'Kelly to make his opening statement. I apologise for the delay in starting. It is our last meeting of the season and we had much tidying up to do which took longer than normal.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018) Seán Fleming: Since when?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018) Seán Fleming: Therefore, in three and a half years, we have refinanced €50 billion of our debt.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018) Seán Fleming: That is only about one quarter of our debt. We did not refinance three quarters of our debt when interest rates were at their best.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018) Seán Fleming: I know. It is just to put the matter in context. All of the work done has only resulted in one quarter of the national debt being refinanced in the past three and a half years.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018) Seán Fleming: On the €50 billion the NTMA has refinanced.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018) Seán Fleming: The other three quarters, approximately €150 billion, has not changed.
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018) Seán Fleming: For the benefit of people watching - many lay people are watching - to what do 100 basis points equate?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018) Seán Fleming: We get that, but many people might not. Mr. O'Kelly mentioned the ISIF. For the people watching, will he explain what the Ireland Strategic Investment Fund and the National Development Finance Agency do?
- Public Accounts Committee: 2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017 (12 Jul 2018) Seán Fleming: If Mr. O'Kelly and the members will indulge me for one moment, the last time he was before the committee was in 2016, I think. At that stage I raised the issue of investment in tobacco and issued a strong press release asking the NTMA to divest itself of its investments in that area. I commenced working on a Private Members' Bill that autumn, which was introduced in the Dáil, namely,...