Results 1,921-1,940 of 6,627 for speaker:Rose Conway-Walsh

Committee on Budgetary Oversight: Existing Levels of Service Costs: Discussion (Resumed) (22 Nov 2023)

Rose Conway-Walsh: Where did the €850 million in the tables come from? Could that be explained to me in 60 seconds?

Committee on Budgetary Oversight: Existing Levels of Service Costs: Discussion (Resumed) (22 Nov 2023)

Rose Conway-Walsh: It is what is left over that has not been allocated

Committee on Budgetary Oversight: Existing Levels of Service Costs: Discussion (Resumed) (22 Nov 2023)

Rose Conway-Walsh: I will not ask any more questions for now because I really have to get to the Dáil for 6 o’clock, but maybe I will get to contribute again. I will have several other questions to ask if they have not been asked by then.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Rose Conway-Walsh: Go on.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Rose Conway-Walsh: I will just follow on from that in terms of investments in energy and decarbonisation. Does that mean subsidies can be given to private companies for decarbonisation?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Rose Conway-Walsh: Are subsidies not being given at the moment?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Rose Conway-Walsh: That is okay. I was just following on from that. I wonder what direction we are going and how we establish if a subsidy is necessary. We can talk about that again. I want to go back to the issue of ISIF investing in companies operating in illegal Israeli settlements in the occupied Palestinian territories. People will be alarmed to discover this because they may not know that their money...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Rose Conway-Walsh: Could the funds be set up without this framework being put in place?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Rose Conway-Walsh: It is very important with these funds that, from day one, people have confidence in where their money is being invested. What has happened to date in terms of ISIF still investing there will cause alarm to people. I do not think it is the right thing to do. I want to continue with my questions. With regard to the €100 billion that the Department is targeting for 2041, is that in...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Rose Conway-Walsh: Is that at 2023 prices?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Rose Conway-Walsh: What is the rationale for dissolving the National Reserve Fund and how is that currently stored and invested? How will the infrastructure, climate and nature fund and the FIF be stored? What are the investment strategies and the time horizons of both of those funds? I am trying to get at how they are stored as opposed to how the others are stored, and I will then have some follow-on questions.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Rose Conway-Walsh: I want to clarify what I am trying to get at with this. We saw with the National Reserve Fund and the National Training Fund that the general Government balance is impacted in exactly the same way in terms of spending from the funds as it would be in terms of general expenditure. Would it be different under the FIF and the ICNF if they were not to be stored in Irish sovereign debt?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Rose Conway-Walsh: Is that part of the problem in terms of why we cannot draw down on the National Training Fund even though it now contains more than €1 billion? Is it the right way to do this?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Rose Conway-Walsh: There is nothing that prevents it from spending the National Training Fund. Businesses will be interested to hear that. It is a Government decision not to spend money from it.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Rose Conway-Walsh: I understand the inflationary aspect and all of that. However, investment in education and training is one of the key drivers of foreign direct investment and we see the movements, even in the past few months. It is certainly worth consideration into the long term and we can also look at some of the other categories where investment can be targeted, such as lifelong learning and so on.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Rose Conway-Walsh: How was the 0.8% figure reached? Why is it the percentage of GDP rather than GNI*?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Rose Conway-Walsh: It is to have cash.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Rose Conway-Walsh: Why is the ICNF being funded at the flat €2 billion rather than the percentage?