Results 13,761-13,780 of 32,547 for speaker:Paschal Donohoe

Written Answers — Department of Public Expenditure and Reform: Departmental Expenditure (11 Jul 2019)

Paschal Donohoe: Expenditure Report 2014 was the first in which multi-annual Ministerial Expenditure Ceilings were published, setting out baseline gross voted current, capital and total expenditure for 2014, 2015 and 2016. The Ministerial Expenditure Ceilings as published in each Expenditure Report from Budget 2014 to Budget 2019 are available at the following link: This spreadsheet also sets out the...

Written Answers — Department of Public Expenditure and Reform: HSE Expenditure (11 Jul 2019)

Paschal Donohoe: The Health Vote is in regular contact with the Department of Health regarding expenditure management. Each month, the drawdown of funds from the Exchequer is reported on against published expenditure profiles in the Fiscal Monitor, published by the Department of Finance. In addition, the HSE monthly Management Data Reports which include the information outlined...

Written Answers — Department of Public Expenditure and Reform: Capital Expenditure Programme (11 Jul 2019)

Paschal Donohoe: I propose to take Questions Nos. 245 and 246 together. My Department has not previously had any capital projects over the value indicated by the Deputy’s office (€5 million). Similarly, the Department has no capital investment planned in projects over this value. Due to the nature of its role, my Department does not have any major capital projects. The main purpose of the...

Written Answers — Department of Public Expenditure and Reform: Public Expenditure Data (11 Jul 2019)

Paschal Donohoe: The percentage growth in gross voted current, capital and total expenditure from 2000 to 2019 is available at the following link: . These expenditure figures are available on . In a number of years, there are technical changes which impact on the year-on-year increases. This includes the disestablishment of the HSE Vote in 2014, with expenditure of the HSE now met by way of a grant...

Written Answers — Department of Public Expenditure and Reform: Departmental Communications (11 Jul 2019)

Paschal Donohoe: All Government Departments and public bodies in receipt of public funding must comply, as appropriate, with the relevant requirements of Department of Public Expenditure and Reform (DPER) Circulars, Public Financial Procedures, Public Spending Code, the Civil Service Corporate Governance Standard or Code of Practice for the Governance of State Bodies, and Government Procurement...

Written Answers — Department of Public Expenditure and Reform: Climate Change Policy (11 Jul 2019)

Paschal Donohoe: My Department and I are committed to making a strong contribution to the collective efforts that we all need to make in respect of climate action.  For this reason, latest developments in respect of climate action are regularly discussed at the Department’s weekly Management Board meetings.  I attend these meetings once a quarter and the matter also features then. ...

Written Answers — Department of Public Expenditure and Reform: Civil Service Staff Data (11 Jul 2019)

Paschal Donohoe: As advised in the replies to Questions No.53934/18 of 18/12/2018 and No.17264/19 of 16/04/2019, an applicant may express a preference for mobility for up to 3 out of 46 Zones with an option to apply for any, or all organisations in Zone 1 to Zone 45, and up to 5 organisations in Zone 46 (Dublin). Staff members can apply for mobility within their current zone as well as other zones. A number...

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation (10 Jul 2019)

Paschal Donohoe: I will deal with that matter as the figures to which Deputy Howlin refers were published in the summer economic statement and referred to again by the Tánaiste yesterday. It is worthwhile making it clear that the same document highlights that we will still have over 2.1 million people at work in the economy. Of course, as the Deputy said correctly, the loss of any job presents a great...

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (10 Jul 2019)

Paschal Donohoe: The Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme provides relief from VAT and VRT (up to a certain limit) on the purchase of an adapted car for transport of a person with specific severe and permanent physical disabilities, payment of a Fuel Grant, and an exemption from Motor Tax. To qualify for the Scheme an applicant must be in possession of a Primary Medical...

Written Answers — Department of Finance: Budget 2020 (10 Jul 2019)

Paschal Donohoe: As I have stated on many occasions, an undue focus on the concept of fiscal space, which is calculated based on “one size fits all” European rules, is not appropriate for Ireland. Government budgetary policy is correctly formulated based on what is right for the economy given our position in the economic cycle, rather than a narrow, literal interpretation of what is legally...

Written Answers — Department of Finance: Economic Policy (10 Jul 2019)

Paschal Donohoe: Firstly, let me emphasise the important role which automatic stabilisers play in smoothing the economic cycle. In the absence of discretionary policy intervention, the fixed level of welfare payments, for example, means that the welfare system stimulates aggregate demand within the economy relatively more during a downturn than during a period of expansion. This effect is what is known as an...

Written Answers — Department of Finance: Help-To-Buy Scheme (10 Jul 2019)

Paschal Donohoe: The Help to Buy incentive (HTB) is scheduled to expire on 31 December 2019. This is provided for in Section 477C of the Taxes Consolidation Act 1997. As is normal practice, the role and operation of the incentive is due to be examined in the context of the forthcoming Budget and Finance Bill process. It would be premature to anticipate the outcome of such an examination.

Written Answers — Department of Finance: Mortgage Lending (10 Jul 2019)

Paschal Donohoe: Subject to compliance with all relevant legal and regulatory requirements governing the provision of mortgage credit to consumers (including the requirements in relation to 'Knowing the Consumer and Suitability' and to make a thorough assessment of the consumer's creditworthiness and to calculate the market value of the residential property which will act as security for a mortgage loan), the...

Written Answers — Department of Finance: Departmental Shareholdings (10 Jul 2019)

Paschal Donohoe: The following are Irish companies in which I, as Minister for Finance, am a shareholder: Allied Irish Bank - 71% of ordinary shares in issue Bank of Ireland - 14% of ordinary shares in issue Permanent TSB - 75% of ordinary shares in issue IBRC – 100% of all preference and ordinary shares Home Building Finance Ireland – 100% of all shares in issue Strategic Banking Corporation of...

Written Answers — Department of Finance: Departmental Contracts Data (10 Jul 2019)

Paschal Donohoe: In response to the Deputy’s question, my Department has not engaged in the contracting of security services in respect of buildings occupied by staff. 12 of the 17 bodies under the aegis of my Department are not engaged in contracts for the provision of security services. These are the Credit Review Office, the Credit Union Advisory Committee, the Credit Union Restructuring Board,...

Written Answers — Department of Finance: Insurance Industry Regulation (10 Jul 2019)

Paschal Donohoe: At the outset, the Deputy should note that I am responsible for the development of the legal framework governing financial regulation. Neither I nor the Central Bank of Ireland, can interfere in the provision or pricing of insurance products, as these matters are of a commercial nature, and are determined by insurance companies based on an assessment of the risks they are willing to accept....

Written Answers — Department of Finance: Government Expenditure (10 Jul 2019)

Paschal Donohoe: I can advise the Deputy that the additional resources for commitment to spending increases or taxation reductions available in Budget 2020, if the projected 0.4% General Government Balance surplus was reduced to nil, would be c. €1.2 billion (as outlined in Table 10 of the Stability Programme Update 2019). The subsequent estimated impact on the structural deficit would be a...

Written Answers — Department of Finance: Summer Economic Statement (10 Jul 2019)

Paschal Donohoe: Annex 1 of the June 2019 Summer Economic Statement (SES) shows the impact on expenditure benchmark compliance of, ceteris paribas, using the €0.5 billion committed to the Rainy Day Fund for additional expenditure; a deviation of €0.3 billion in 2020. In terms of the structural balance, using the Department of Finance’s GDP-based alternative methodology for calculating the...

Written Answers — Department of Finance: Help-To-Buy Scheme Expenditure (10 Jul 2019)

Paschal Donohoe: The Help to Buy incentive (HTB) was announced in Budget 2017 and backdated to apply from 19 Jul 2016. I am advised by Revenue that the cost of the scheme by each year of its operation is set out in the following table. Year Cost (€M) 2019* 35.4 2018 73.2 2017 50.5 2016 18.4 *to 31 May 2019 At the end of 2017, 5,392 HTB claims had been approved, this includes a number of claims...

Written Answers — Department of Finance: Budget 2018 (10 Jul 2019)

Paschal Donohoe: Budget 2018 in fact provided for the stamp duty on non-residential property to increase from 2 per cent to 6 per cent. It had been reduced to the flat 2 per cent rate in Budget 2012 (with effect from December 2011). I am advised by Revenue that net receipts of Stamp Duty associated with all types of property for 2018 amounted to approximately €660 million, compared to a target of...