Results 13,481-13,500 of 27,945 for speaker:Michael McGrath

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Improving Investment Opportunities in the Wider Economy: Discussion (4 May 2017)

Michael McGrath: I welcome Mr. McDowell, Mr. Murphy and Mr. Ashmore and his colleague Ms Mahon and thank Mr. McDowell and Mr. Ashmore for their opening remarks. Mr. McDowell is welcome to his first meeting before this committee in his relatively new role as vice president of the EIB. The profile of the EIB has improved considerably in Ireland in recent months, not least through his own appointment and the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Improving Investment Opportunities in the Wider Economy: Discussion (4 May 2017)

Michael McGrath: I will take Mr. McDowell up on that point. Does he have a view on the 10% rule we have here domestically, that no more than 10% of our annual capital expenditure can be accounted for by PPPs? Is that overly restrictive in the current environment and how does it compare with how other European Union member states account for and deal with PPPs in terms of their own national budgets?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Improving Investment Opportunities in the Wider Economy: Discussion (4 May 2017)

Michael McGrath: What is the key difference in its approach to PPPs compared with Ireland?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Improving Investment Opportunities in the Wider Economy: Discussion (4 May 2017)

Michael McGrath: I thank Mr. McDowell. I also thank Mr. Ashmore for his opening remarks. I commend him and his team at the Strategic Banking Corporation of Ireland, SBCI, on the work they do. The profile of the SBCI is improving all the time and I know there is a lot of engagement with business representative bodies, for example, throughout the country. On the delivery platform, there are eight...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Improving Investment Opportunities in the Wider Economy: Discussion (4 May 2017)

Michael McGrath: Is there an issue with SBCI products being in competition with the on-lenders' own products which could lead to displacement? Will Mr. Ashmore clarify the benefit to the on-lender? Is it a margin on the interest rate or what is the commercial return for the on-lender in selling SBCI products to their customers?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Improving Investment Opportunities in the Wider Economy: Discussion (4 May 2017)

Michael McGrath: Do they get a margin on SBCI loans?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Improving Investment Opportunities in the Wider Economy: Discussion (4 May 2017)

Michael McGrath: Finally, with regard to the agriculture cashflow support loan scheme, which is a very good scheme, is there potential to expand that into other sectors? The scheme was introduced in conjunction with the Department of Agriculture, Food and the Marine, the European Investment Fund, EIF, and the European Commission. In the context of Brexit, however, and with SMEs in different sectors facing...

Written Answers — Department of Finance: Stability Programme Data (4 May 2017)

Michael McGrath: 83. To ask the Minister for Finance the respective nominal amounts for each item under total age related expenditure one to five years of age in table 20 on page 42 of the stability programme update April 2017, for each of the years 2013, 2020, 2030, 2040, 2050 and 2060 in tabular form; and if he will make a statement on the matter. [21265/17]

Written Answers — Department of Finance: Motor Insurance (4 May 2017)

Michael McGrath: 84. To ask the Minister for Finance the position regarding recommendation 5 and action point 8 in the Report on the Cost of Motor Insurance; if developments have occurred at an EU level in the first quarter of 2017; and if he will make a statement on the matter. [21365/17]

Written Answers — Department of Finance: Motor Insurance (4 May 2017)

Michael McGrath: 85. To ask the Minister for Finance the position regarding recommendation 5 and action point 9 in the Report on the Cost of Motor Insurance; if it has been necessary to make representations with the EU Commission and Parliament; if so, the details of same; and if he will make a statement on the matter. [21366/17]

Written Answers — Department of Finance: Motor Insurance (4 May 2017)

Michael McGrath: 86. To ask the Minister for Finance the position regarding recommendation 9 and action point 18 and 19 in the Report on the Cost of Motor Insurance; if the forum has been set up to discuss consumer and business issues; if that forum has met; the details of that meeting; the persons that have been appointed to this forum; and if he will make a statement on the matter. [21367/17]

Written Answers — Department of Finance: Motor Insurance (4 May 2017)

Michael McGrath: 87. To ask the Minister for Finance the position regarding recommendation 7 and action point 14 in the Report on the Cost of Motor Insurance; if progress has been made by a company (details supplied) and his Department on the declined cases agreement; if information has been provided on the company's website; the details of such information; if he has satisfied himself with the details...

Written Answers — Department of Finance: Motor Insurance (4 May 2017)

Michael McGrath: 88. To ask the Minister for Finance the position regarding recommendation 10 and action point 20 in the Report on the Cost of Motor Insurance; if the advisory committee on small public service vehicles met with a company (details supplied); the details of that meeting; if actions have taken place as a result of that meeting; and if he will make a statement on the matter. [21369/17]

Written Answers — Department of Finance: Motor Insurance (4 May 2017)

Michael McGrath: 89. To ask the Minister for Finance the position regarding recommendation 11 and action point 22 in the Report on the Cost of Motor Insurance; if the key aggregated metrics for a national claims database have been specified; the details of metrics used; the progress that has been made on establishing a claims information database; and if he will make a statement on the matter. [21370/17]

Written Answers — Department of Finance: Motor Insurance (4 May 2017)

Michael McGrath: 90. To ask the Minister for Finance the position regarding recommendation 12 and action point 25 in the Report on the Cost of Motor Insurance; if a quarterly publication of key aggregated metrics on claims costs and trends within the market has been published; the details of that publication; and if he will make a statement on the matter. [21371/17]

Written Answers — Department of Finance: Motor Insurance (4 May 2017)

Michael McGrath: 91. To ask the Minister for Finance the position regarding recommendation 14 and action point 30 in the Report on the Cost of Motor Iinsurance; if a personal injuries commission has been set up; the persons on that commission; if the commission has met; the details of those meetings; and if he will make a statement on the matter. [21372/17]

Written Answers — Department of Finance: Motor Insurance (4 May 2017)

Michael McGrath: 92. To ask the Minister for Finance the position regarding recommendation 18 and action point 39 in the Report on the Cost of Motor Insurance; if consultation has taken place with the Judiciary in relation to a review of the book of quantum; the outcome of such consultation; the details on a possible review and update of the book of quantum with involvement from the Judiciary; and if he will...

Written Answers — Department of Finance: Motor Insurance (4 May 2017)

Michael McGrath: 93. To ask the Minister for Finance the position regarding recommendation 20 and action point 41 in the Report on the Cost of Motor Insurance; if consultations have been made with the personal injuries commission; the length of time it takes it to bring forward recommendations; and if he will make a statement on the matter. [21374/17]

Written Answers — Department of Finance: Motor Insurance (4 May 2017)

Michael McGrath: 94. To ask the Minister for Finance the position regarding recommendation 20 and action point 42 in the Report on the Cost of Motor Insurance; the timeframe for a review of a book of quantum; the details of such a review; and if he will make a statement on the matter. [21375/17]

Written Answers — Department of Finance: Motor Insurance (4 May 2017)

Michael McGrath: 95. To ask the Minister for Finance the position regarding recommendation 21 and action point 43 in the Report on the Cost of Motor Insurance; the progress made on the implementation of a review of the framework for motor insurance compensation here; and if he will make a statement on the matter. [21376/17]