Results 13,861-13,880 of 28,162 for speaker:Catherine Murphy
- Public Accounts Committee: Business of Committee (4 Jul 2019)
Catherine Murphy: I can write to the education committee.
- Public Accounts Committee: Business of Committee (4 Jul 2019)
Catherine Murphy: Yes. I will send a note.
- Public Accounts Committee: Business of Committee (4 Jul 2019)
Catherine Murphy: That is okay.
- Public Accounts Committee: Business of Committee (4 Jul 2019)
Catherine Murphy: I am a member of the Houses of the Oireachtas Commission so I presume there is a conflict of interest for me. How was that handled previously?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019) Catherine Murphy: I will pick up on the €33 billion. Housing is included as an area for investment but over five years, if one considers an average house price to be €300,000, this would build something like 33,000 houses. It puts in context the extent of what we cannot do, that is, the opportunity cost. Billions get confused with millions these days. It really does show the magnitude of the...
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019) Catherine Murphy: It is in the league table captioned "Despite progress, debt & interest remain elevated" in the NTMA's written submission to the committee.
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019) Catherine Murphy: I misread that. The NTMA also says that the amount of debt is largely unchanged since 2014. On a previous occasion we were told that some bilateral debts had been paid off and we obviously have paid off some others. There has been borrowing in the meantime. Does Mr. O'Kelly have a figure for which is residual debt and which is new? We need to take on debt if we are to invest in capital...
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019) Catherine Murphy: With regard to the former Irish Bank Resolution Corporation, the bonds are being worked through. I do not know what the terminology is but the NTMA is changing them from promissory notes into-----
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019) Catherine Murphy: Exactly, if we just use layperson's language. What is the profile of that from 2018 onwards?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019) Catherine Murphy: How far ahead of schedule is the NTMA?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019) Catherine Murphy: Will Mr. O'Kelly provide a note on that?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019) Catherine Murphy: The promissory notes were essentially an IOU. They have been turned into money. The NTMA is turning them into bonds and is trying to do it at the cheapest price possible.
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019) Catherine Murphy: In the examples of the 2018 investment highlights, there are a couple of areas where one would think that tariffs would pose a risk in the future, such as in the context of Irish whiskey and the China-Ireland technology growth fund. Why does that not show up as a risk with the possibility of trade wars and State security issues with some of the technology that is coming from China?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019) Catherine Murphy: It may well show up as a risk in the future, particularly if trade wars happen.
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019) Catherine Murphy: I want to focus on the investment strategy. The NTMA invests in specific areas and that sits as a State asset. Is the asset the item invested in or the return on the investment?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019) Catherine Murphy: I will focus on one thing that was purchased, the concessionary agreements for Enet. Did the ISIF purchased that in 2017?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019) Catherine Murphy: Is that under the remit of the NTMA?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019) Catherine Murphy: When one looks at the challenges and the extent of the external risk, it would make one weep. Italy is noted as a risk. Is Italy's debt not almost exclusively internal?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019) Catherine Murphy: We know that outside influences, such as what happened in the United States, had a significant bearing on us. This could have exactly the same kind of bearing.
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019) Catherine Murphy: How would the NTMA see that playing out if it was to become more than a risk?