Results 1,361-1,380 of 3,777 for speaker:Marc Ó Cathasaigh
- Public Accounts Committee: Appropriation Accounts 2022
Vote 45 - Department of Further and Higher Education, Research, Innovation and Science
Financial Statements 2022: National Training Fund
Report on the Accounts of the Public Services 2022
Chapter 19: National Training Fund (23 Nov 2023) Marc Ó Cathasaigh: I will not dwell on the matter and have my eye on the clock.
- Public Accounts Committee: Appropriation Accounts 2022
Vote 45 - Department of Further and Higher Education, Research, Innovation and Science
Financial Statements 2022: National Training Fund
Report on the Accounts of the Public Services 2022
Chapter 19: National Training Fund (23 Nov 2023) Marc Ó Cathasaigh: I want to ask a quick question on the pension outturn. The Estimate provided €197 million and the outturn was €341 million, which is quite a differential. Of all of the costs that an institution might incur, I would have thought that pension costs would be among the most predictable so why is there such a variation?
- Public Accounts Committee: Appropriation Accounts 2022
Vote 45 - Department of Further and Higher Education, Research, Innovation and Science
Financial Statements 2022: National Training Fund
Report on the Accounts of the Public Services 2022
Chapter 19: National Training Fund (23 Nov 2023) Marc Ó Cathasaigh: My question was not really on the level of expenditure incurred. I asked about the difference between the Estimate and the outturn. That is my concern.
- Public Accounts Committee: Appropriation Accounts 2022
Vote 45 - Department of Further and Higher Education, Research, Innovation and Science
Financial Statements 2022: National Training Fund
Report on the Accounts of the Public Services 2022
Chapter 19: National Training Fund (23 Nov 2023) Marc Ó Cathasaigh: I want to touch on a couple of issues concerning the NTF. We are heading towards €1.5 billion of an accumulation by the end of this year. Is that correct? One of the three sources of income is the levy on PRSI. There is massive frustration among employers who pay in this money. One of the frustrations and a real challenge in the current workforce is employee retention. These...
- Public Accounts Committee: Appropriation Accounts 2022
Vote 45 - Department of Further and Higher Education, Research, Innovation and Science
Financial Statements 2022: National Training Fund
Report on the Accounts of the Public Services 2022
Chapter 19: National Training Fund (23 Nov 2023) Marc Ó Cathasaigh: The figure of 3% is not bad out there in the market in terms of attracting interest. It was a better number than I was expecting. When one looks at the amount of money that has remained on deposit over the last, let us say, three years, when the rate of inflation has been so high, has the Department an estimation in real terms of how much that fund has depreciated by sitting there, against...
- Public Accounts Committee: Appropriation Accounts 2022
Vote 45 - Department of Further and Higher Education, Research, Innovation and Science
Financial Statements 2022: National Training Fund
Report on the Accounts of the Public Services 2022
Chapter 19: National Training Fund (23 Nov 2023) Marc Ó Cathasaigh: I would be interested in having some sort of rough calculation on that because if one maps it over a figure of over €1 billion, it essentially means that by allowing it to sit there, we are losing money. We are bleeding taxpayers' money through the differential between the interest rate. I am aware of the clock. On the European Social Fund, ESF, we got nothing in 2022. In the...
- Public Accounts Committee: Appropriation Accounts 2022
Vote 45 - Department of Further and Higher Education, Research, Innovation and Science
Financial Statements 2022: National Training Fund
Report on the Accounts of the Public Services 2022
Chapter 19: National Training Fund (23 Nov 2023) Marc Ó Cathasaigh: I will state my concerns in simplistic terms. My concern is that because we are not spending the NTF, we did not manage to draw down the ESF. Is there anything to that? As I was reading through it and trying to understand, I asked myself the question, is it because we did not adequately spend the National Training Fund? There is the matching allocation here. Is that the issue with ESF or not?
- Public Accounts Committee: Appropriation Accounts 2022
Vote 45 - Department of Further and Higher Education, Research, Innovation and Science
Financial Statements 2022: National Training Fund
Report on the Accounts of the Public Services 2022
Chapter 19: National Training Fund (23 Nov 2023) Marc Ó Cathasaigh: As a very last point, as I understand it, EU fiscal rules are currently suspended but we are applying our own fiscal spending rules, which was that 6.1%. People in the Department of Public Expenditure, National Development Plan Delivery and Reform will be able to confirm this. Deputy Munster asked some questions around the ideas that the Department was trying to put forward. Was it the...
- Public Accounts Committee: Appropriation Accounts 2022
Vote 45 - Department of Further and Higher Education, Research, Innovation and Science
Financial Statements 2022: National Training Fund
Report on the Accounts of the Public Services 2022
Chapter 19: National Training Fund (23 Nov 2023) Marc Ó Cathasaigh: That was a very practised response to that question.
- Public Accounts Committee: Appropriation Accounts 2022
Vote 45 - Department of Further and Higher Education, Research, Innovation and Science
Financial Statements 2022: National Training Fund
Report on the Accounts of the Public Services 2022
Chapter 19: National Training Fund (23 Nov 2023) Marc Ó Cathasaigh: I apologise if I double back on information that has already been provided but I had other committee commitments. I will ask a general question but I have an obvious interest in the South East Technological University, SETU. I am going to ask about the second bundle of the public private partnership, PPP. We heard details about the first bundle. When is the second bundle likely to land?...
- Public Accounts Committee: Appropriation Accounts 2022
Vote 45 - Department of Further and Higher Education, Research, Innovation and Science
Financial Statements 2022: National Training Fund
Report on the Accounts of the Public Services 2022
Chapter 19: National Training Fund (23 Nov 2023) Marc Ó Cathasaigh: That has been officially signed.
- Public Accounts Committee: Appropriation Accounts 2022
Vote 45 - Department of Further and Higher Education, Research, Innovation and Science
Financial Statements 2022: National Training Fund
Report on the Accounts of the Public Services 2022
Chapter 19: National Training Fund (23 Nov 2023) Marc Ó Cathasaigh: That was excellent news about the Waterford Crystal site. We are all measuring acquiring the site against the capital investment that is needed for the existing site. I mentioned the engineering building. It is slightly unfair to ask a prospective question at a PAC meeting when we are supposed to be retrospective. However, I wanted to take the opportunity to ask. I will return to the...
- Public Accounts Committee: Appropriation Accounts 2022
Vote 45 - Department of Further and Higher Education, Research, Innovation and Science
Financial Statements 2022: National Training Fund
Report on the Accounts of the Public Services 2022
Chapter 19: National Training Fund (23 Nov 2023) Marc Ó Cathasaigh: The issue is how it is counted.
- Public Accounts Committee: Appropriation Accounts 2022
Vote 45 - Department of Further and Higher Education, Research, Innovation and Science
Financial Statements 2022: National Training Fund
Report on the Accounts of the Public Services 2022
Chapter 19: National Training Fund (23 Nov 2023) Marc Ó Cathasaigh: The metric that is used is whether someone has engaged in further education-----
- Public Accounts Committee: Appropriation Accounts 2022
Vote 45 - Department of Further and Higher Education, Research, Innovation and Science
Financial Statements 2022: National Training Fund
Report on the Accounts of the Public Services 2022
Chapter 19: National Training Fund (23 Nov 2023) Marc Ó Cathasaigh: ----within the past six weeks. Is it six weeks or four weeks?
- Public Accounts Committee: Appropriation Accounts 2022
Vote 45 - Department of Further and Higher Education, Research, Innovation and Science
Financial Statements 2022: National Training Fund
Report on the Accounts of the Public Services 2022
Chapter 19: National Training Fund (23 Nov 2023) Marc Ó Cathasaigh: I hear a real appetite among employers to provide it as in-work training. It is about employee retention and if an employee is not feeling valued in whatever way in his or her current employment, there are currently loads of opportunities within the labour market and people are mobile. People are moving. It is a balance of frustration on behalf of employers because they are paying into the...
- Public Accounts Committee: Appropriation Accounts 2022
Vote 45 - Department of Further and Higher Education, Research, Innovation and Science
Financial Statements 2022: National Training Fund
Report on the Accounts of the Public Services 2022
Chapter 19: National Training Fund (23 Nov 2023) Marc Ó Cathasaigh: I have a final question. There will be pressure from the likes of me and everybody on this committee. Nobody likes to see €1.5 billion sitting around and not working for the taxpayer. The State is a long time in responding to the external review that was in 2018, notwithstanding the fact a new Department has been formed, and I accept it takes longer to respond. The fourth...
- Written Answers — Department of Enterprise, Trade and Employment: Business Supports (23 Nov 2023)
Marc Ó Cathasaigh: 59. To ask the Minister for Enterprise, Trade and Employment the take-up of the green for business programme for small businesses, broken down by LEO offices; and if he will make a statement on the matter. [51401/23]
- Written Answers — Department of Enterprise, Trade and Employment: Business Supports (23 Nov 2023)
Marc Ó Cathasaigh: 74. To ask the Minister for Enterprise, Trade and Employment the take-up of the climate planning fund for business and the enterprise emissions reduction investment fund, the two streams of the green transition fund run by Enterprise Ireland; whether there will be an evaluation of progress in the effectiveness of the fund on decarbonisation at an interim point in the five years of the fund;...