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Dublin City Safety Initiatives and Other Services: Statements (Resumed) (17 Nov 2022)

Cormac Devlin: I welcome this debate. As my party's spokesperson on Dublin, I welcome the need to improve safety, services and the environment in Dublin city and the wider Dublin region. Dublin is a world-class city with thousands of years of history and a rich architectural and social culture. Dublin should be a wonderful place to live and visit and most of the time it is. However, as other speakers...

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund
(17 Nov 2022)

Cormac Devlin: I was listening to a portion of the meeting online between various other commitments this morning. I wish Mr. Hogan and his colleagues a good afternoon. It is good to have them before us again. I will start with the Comptroller and Auditor General's opening statements. He said the national debt is €237 billion. That is up on the end of 2020 by €17.7 billion. He also said...

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund
(17 Nov 2022)

Cormac Devlin: I understand. Mr. Hogan has a lot of notes.

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund
(17 Nov 2022)

Cormac Devlin: The Comptroller and Auditor General highlighted that Ireland's contribution to the EU budget last year was €3.5 billion. That was 36% higher than in 2020. I know Mr. Hogan has a lot of notes, and I apologise if I am going over old ground but I heard only some, not all, of the contributions. The Department might forward a note to the committee on our contribution to the EU budget and...

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund
(17 Nov 2022)

Cormac Devlin: Did they relate to the pandemic?

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund
(17 Nov 2022)

Cormac Devlin: Gradually-----

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund
(17 Nov 2022)

Cormac Devlin: Would that demonstrate-----

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund
(17 Nov 2022)

Cormac Devlin: Dr. Whitaker and others-----

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund
(17 Nov 2022)

Cormac Devlin: I refer to the Lemass era in that regard. I mentioned the escrow account when Mr. Hogan was previously before the committee. Forgive me if he has already done so, but I ask Mr. Hogan to provide an update to the committee on its performance. I note from the information Mr. Hogan provided that there was a reduction in that. That was because of a third country. I ask Mr. Hogan to provide an...

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund
(17 Nov 2022)

Cormac Devlin: There is an ongoing challenge to it. Do we have any time frame on that? I was under the impression that we might be nearing the end of that.

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund
(17 Nov 2022)

Cormac Devlin: I appreciate that. Is the Department estimating that it has another year to run or could it be many years?

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund
(17 Nov 2022)

Cormac Devlin: I know.

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund
(17 Nov 2022)

Cormac Devlin: That is to be anticipated.

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund
(17 Nov 2022)

Cormac Devlin: I have one minute left and if I may-----

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund
(17 Nov 2022)

Cormac Devlin: Very good.

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund
(17 Nov 2022)

Cormac Devlin: I was going to say it did not involve six numbers, eight numbers or whatever is needed. If it was the Chair would not be sitting here at all. Does the Chair want me to take over?

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund
(17 Nov 2022)

Cormac Devlin: I refer to the corporation tax. The witnesses may have dealt with this already when I was not here. When is that new 15% rate anticipated to take effect?

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund
(17 Nov 2022)

Cormac Devlin: Is that January of 2024?

Public Accounts Committee: 2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund
(17 Nov 2022)

Cormac Devlin: That is it. I thank the witnesses.

Energy Regulations: Motion (Resumed) [Private Members] (16 Nov 2022)

Cormac Devlin: The Deputy should invite the whole House and we would all be there.

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