Results 12,421-12,440 of 15,555 for speaker:Eoghan Murphy
- Public Accounts Committee: 2012 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 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) Eoghan Murphy: Have the calculations to inform those policy decisions been made?
- Public Accounts Committee: 2012 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 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) Eoghan Murphy: For example, if the standard rate tax band was increased by €10,000, we know that it would cost about €1.3 billion. Is the Department now trying to see whether that will be available in the economy across not just this year but next year as well because it is talking about forecasting?
- Public Accounts Committee: 2012 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 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) Eoghan Murphy: They have not been done yet?
- Public Accounts Committee: 2012 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 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) Eoghan Murphy: To take general government debt beyond 2016, if we want to move to a position by 2020 where it is below 93% of GDP, the figure on the last line, we must follow through with the eradication of the deficit and return to a balanced budget in 2020. Is that correct?
- Public Accounts Committee: 2012 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 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) Eoghan Murphy: Let us take growth and unemployment out of the table for a moment because they are forecasts. All future Governments will be bound by these targets after 2015 or 2016.
- Public Accounts Committee: 2012 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 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) Eoghan Murphy: The two top lines on the table are GDP growth and unemployment. The former is very positive. Did we challenge this projection? It is all moving in one direction, which is also very positive. If one considers previous forecasts, however, including those produced by the International Monetary Fund and others, the projections for 2013 were very positive but as we moved towards the end of...
- Public Accounts Committee: 2012 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 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) Eoghan Murphy: A GDP growth rate of 2.1%, as projected for 2014, would translate to approximately €3.2 billion. Is that correct?
- Public Accounts Committee: 2012 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 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) Eoghan Murphy: What does that mean in terms of the anticipated increase in revenue collected? Revenue in quarter 1 was ahead of target and approximately €450 million higher than in quarter 1 of 2013. Have projections been made for revenue for 2014?
- Public Accounts Committee: 2012 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 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) Eoghan Murphy: Are we obliged to use revenue over and above the anticipated figure to reduce the debt burden?
- Public Accounts Committee: 2012 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 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) Eoghan Murphy: Is the anticipated figure in line with the increase in revenue in the first quarter, which was higher than anticipated? Has a remodelled figure been provided?
- Public Accounts Committee: 2012 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 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) Eoghan Murphy: The increase in growth will not be sufficient to accommodate any correction in the deficit that is required through expenditure cuts in Departments. We will still have to make cuts of approximately €2 billion for 2015. Is that correct?
- Public Accounts Committee: 2012 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 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) Eoghan Murphy: In terms of discovering how the €2 billion figure will be broken down in cuts across Departments, the detail will be provided in the comprehensive review of expenditure. Is that the case?
- Public Accounts Committee: 2012 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 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) Eoghan Murphy: Has it not commenced?
- Public Accounts Committee: 2012 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 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) Eoghan Murphy: When is it due to conclude?
- Public Accounts Committee: 2012 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 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) Eoghan Murphy: I cut my time short initially to enable me to return to this issue.
- Public Accounts Committee: 2012 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 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) Eoghan Murphy: In fairness, I gave way at the beginning of the meeting.
- Public Accounts Committee: 2012 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 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) Eoghan Murphy: I understand that but I considered the document to be of----
- Public Accounts Committee: 2012 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 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) Eoghan Murphy: I will ask one final question. In terms of anticipated growth for 2014 and the deficit figure we must reach by reducing expenditure across Departments, there has been speculation that revenue arising from any growth achieved will be used to offset the tax burden. This is mentioned in the document. On page 21, it refers to providing a potential revenue quote that is reasonable and states...
- Public Accounts Committee: 2012 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 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) Eoghan Murphy: I thank Mr. Moran and his officials for being here for so long. I wanted to wait until the end of the meeting because I wanted to examine the strategy for growth, or the medium-term economic review, which was released when we exited the bailout programme last December. My first question concerns the status of the document. Is it a recommendation to the Government? Does it outline our...
- Public Accounts Committee: 2012 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 2012
Chapter 2 - Government Debt
Finance Accounts 2012 (8 May 2014) Eoghan Murphy: It was drafted while we were still in the bailout programme with a view to looking ahead when we emerged from it.