Results 14,581-14,600 of 32,569 for speaker:Paschal Donohoe
- Committee on Budgetary Oversight: National Broadband Plan: Minister for Public Expenditure and Reform (28 May 2019)
Paschal Donohoe: That is correct.
- Committee on Budgetary Oversight: National Broadband Plan: Minister for Public Expenditure and Reform (28 May 2019)
Paschal Donohoe: I have not yet made that decision because that is a decision I will make in the context of the summer economic statement and then budget day. The only caveat I could add to what I have told the Deputy is that for each of those years, it is up to that. The reason I say up to that is because within those figures is included a subsidy that may or may not be drawn down.
- Committee on Budgetary Oversight: National Broadband Plan: Minister for Public Expenditure and Reform (28 May 2019)
Paschal Donohoe: That is definitely a likely outcome of it but I have yet to make those decisions. The decision point for me will be in the summer economic statement when I will outline the capital ceilings for the next few years and also the recommended budgetary stance for those years.
- Committee on Budgetary Oversight: National Broadband Plan: Minister for Public Expenditure and Reform (28 May 2019)
Paschal Donohoe: That decision will have to be made in the same way. The decision must be made as to whether we want to run a higher surplus, a lower surplus or a higher deficit across that period.
- Committee on Budgetary Oversight: National Broadband Plan: Minister for Public Expenditure and Reform (28 May 2019)
Paschal Donohoe: That is correct. The figure of €1.6 billion is correct and yes, it will affect the net position of the Government of the day.
- Committee on Budgetary Oversight: National Broadband Plan: Minister for Public Expenditure and Reform (28 May 2019)
Paschal Donohoe: Yes, across the lifetime of the national development plan.
- Committee on Budgetary Oversight: National Broadband Plan: Minister for Public Expenditure and Reform (28 May 2019)
Paschal Donohoe: With regard to the-----
- Committee on Budgetary Oversight: National Broadband Plan: Minister for Public Expenditure and Reform (28 May 2019)
Paschal Donohoe: I do not believe so. I believe that when the contract is signed, it will give us legal protection on that.
- Committee on Budgetary Oversight: National Broadband Plan: Minister for Public Expenditure and Reform (28 May 2019)
Paschal Donohoe: It will be if and when a contract is signed. A key part of the figure being high is because of all of the contingent subsidies that are built into the contract to deal with the different risks identified by the Deputy.
- Committee on Budgetary Oversight: National Broadband Plan: Minister for Public Expenditure and Reform (28 May 2019)
Paschal Donohoe: When the contract is signed.
- Committee on Budgetary Oversight: National Broadband Plan: Minister for Public Expenditure and Reform (28 May 2019)
Paschal Donohoe: When we get to the final point of the decision being made in terms of signing the contract, it will have to deliver the certainty I have described to the committee.
- Committee on Budgetary Oversight: National Broadband Plan: Minister for Public Expenditure and Reform (28 May 2019)
Paschal Donohoe: It will be-----
- Committee on Budgetary Oversight: National Broadband Plan: Minister for Public Expenditure and Reform (28 May 2019)
Paschal Donohoe: That particular matter is one the Minister for Communications, Climate Action and Environment might be better equipped to answer in terms of its detail but my understanding is that the majority of it will come from revenue streams and the contribution the consortium will make. The Minister, Deputy Bruton, answered questions about this matter at the communications committee.
- Committee on Budgetary Oversight: National Broadband Plan: Minister for Public Expenditure and Reform (28 May 2019)
Paschal Donohoe: I just said "revenue streams". As the Deputy knows, a charge will be made for access.
- Committee on Budgetary Oversight: National Broadband Plan: Minister for Public Expenditure and Reform (28 May 2019)
Paschal Donohoe: It will be up to the consortium to meet the figures required to deliver the project.
- Committee on Budgetary Oversight: National Broadband Plan: Minister for Public Expenditure and Reform (28 May 2019)
Paschal Donohoe: I believe there is and that the Minister, Deputy Bruton, has stated he will make as much of it available publicly as he can.
- Committee on Budgetary Oversight: National Broadband Plan: Minister for Public Expenditure and Reform (28 May 2019)
Paschal Donohoe: To ensure the various criteria I have outlined to the committee are met.
- Committee on Budgetary Oversight: National Broadband Plan: Minister for Public Expenditure and Reform (28 May 2019)
Paschal Donohoe: Responsibility for the negotiation of the nitty-gritty of the contract sits with the Department of Communications, Climate Action and Environment because it is the tendering Department. Our role will be to ensure, as the work progresses, that we are satisfied that it is progressing in line with two considerations - the public spending code and the assumptions laid out in the cost-benefit...
- Committee on Budgetary Oversight: National Broadband Plan: Minister for Public Expenditure and Reform (28 May 2019)
Paschal Donohoe: At that point, the State will have the ability to step in, if it so wishes. If it believes certain criteria have been met, we will have the ability to step in and acquire what is in place. The key point is that, if the contract has been fulfilled by that stage, 100,000 homes will have been connected to broadband per year. This relates to the point I teased out with Deputy Stanley. Given...
- Committee on Budgetary Oversight: National Broadband Plan: Minister for Public Expenditure and Reform (28 May 2019)
Paschal Donohoe: Yes.