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Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Gerald Nash: I am going to ask questions of our guests from IFAC and the ESRI. Representatives of both organisations might like to take the opportunity to answer my first question. Are our guests concerned about the strategy being deployed by the European Central Bank, ECB, in increasing interest rates, and the trajectory it appears intent on taking, in the light of the vulnerability of the European and...

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Gerald Nash: That is to date.

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Gerald Nash: I have a straight question. Will that reduce inflation in Ireland and if it does, to what degree will it do so?

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Gerald Nash: Does the ESRI have a view on that?

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Gerald Nash: It is more radical.

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Gerald Nash: There is much discussion across society about targeted measures. I was quite hostile to the idea of the energy credit and I thought it was not a very smart use of finite public resources when it was introduced. The rationale provided by the Government was that it needed to get money into people's pockets very quickly. That being said, we all know and acknowledge that we have a...

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Gerald Nash: What is the view of the witnesses from the ESRI on energy credits and-----

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Gerald Nash: I will consider that. To be fair, we are heading now to a point, based on the ESRI's own analysis, where we could very well end up with 50% of the population in energy poverty, as defined by 10% of people's disposable income-----

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Gerald Nash: Sure.

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Gerald Nash: Yes, brilliant.

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Gerald Nash: I have one final question, or rather an observation. I am concerned about the situation energy-intensive industries will find themselves in from a job retention perspective over the next year or two. I have been a long-standing proponent of the introduction and embedding into our labour market policies of a German-style short time working scheme, based along the lines of the Kurzarbeit...

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Gerald Nash: We can try to keep people working for a period or to furlough people for a period until we grasp that nettle. We do not have a system in place to allow us to do that.

Written Answers — Department of Finance: Departmental Data (14 Jul 2022)

Gerald Nash: 278. To ask the Minister for Finance the estimated cost to the Exchequer of a €100 payment to those whose nearest public transport stop had less than five services a day (details supplied); the estimated cost to the Exchequer of a €100 payment to those whose nearest public transport stop had less than five services a day and also live a distance of at least 2km away; and if he...

Written Answers — Department of Communications, Climate Action and Environment: Energy Conservation (13 Jul 2022)

Gerald Nash: 78. To ask the Minister for Communications, Climate Action and Environment the estimated cost to the Exchequer of a €200 credit for those with an income of up to €50,000 and living in a home with a BER rating of less than B2g; and if he will make a statement on the matter. [38773/22]

Written Answers — Department of Communications, Climate Action and Environment: Environmental Policy (13 Jul 2022)

Gerald Nash: 87. To ask the Minister for Communications, Climate Action and Environment the estimated amount that would be raised by introducing a levy of €2.50 per tonne on aggregates extracted from the ground such as rock, sand, gravel and so on used in the construction industry; and if he will make a statement on the matter. [38669/22]

Written Answers — Department of Communications, Climate Action and Environment: Environmental Policy (13 Jul 2022)

Gerald Nash: 88. To ask the Minister for Communications, Climate Action and Environment the status of the introduction of the proposed levy on waste recovery that takes place in Ireland and on waste exports from Ireland for recovery elsewhere in the European Union and outside of the European Union; the estimated revenue that could be raised from a waste recovery levy at €5 a tonne to apply to the...

Written Answers — Department of Communications, Climate Action and Environment: Environmental Policy (13 Jul 2022)

Gerald Nash: 89. To ask the Minister for Communications, Climate Action and Environment the estimated revenue that could be raised from raising the landfill levy by €5 per tonne; and if he will make a statement on the matter. [38671/22]

Written Answers — Department of Communications, Climate Action and Environment: Environmental Policy (13 Jul 2022)

Gerald Nash: 91. To ask the Minister for Communications, Climate Action and Environment the timeline for the introduction of the proposed disposable coffee cups; the estimated yield to the Exchequer from a 25-cent levy on disposable coffee cups; and if he will make a statement on the matter. [38676/22]

Written Answers — Department of Communications, Climate Action and Environment: Environmental Policy (13 Jul 2022)

Gerald Nash: 92. To ask the Minister for Communications, Climate Action and Environment The estimated yield from a 10 or 25-cent levy on each plastic bottle sold in Ireland; the estimated yield from a 10 or 25-cent levy on every fruit and vegetable sold in plastic in Ireland and a 10 or 25-cent levy on disposable takeaway containers in tabular form; and if he will make a statement on the matter. [38677/22]

Written Answers — Department of Communications, Climate Action and Environment: Environmental Policy (13 Jul 2022)

Gerald Nash: 90. To ask the Minister for Communications, Climate Action and Environment the status of the introduction of the coffee cup levy; the estimated yield from a 25-cent levy on every disposable coffee cup in tabular form; and if he will make a statement on the matter. [38675/22]

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