Written answers

Tuesday, 18 October 2011

Department of Finance

Appointments to State Boards

9:00 pm

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein)
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Question 77: To ask the Minister for Finance the remuneration of each of the five members of the Fiscal Advisory Council. [30013/11]

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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Question 102: To ask the Minister for Finance the operating budget for the Fiscal Advisory Council for 2011 and the expected operating budget for the council for 2012, including salaries, premises, communication and administration costs; and if he will make a statement on the matter. [29997/11]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I propose to take Questions Nos. 77 and 102 together.

In the Revised Estimates for Public Services 2011 published in July, the Fiscal Advisory Council was provided with an allocation of €300,000 for 2011. As the Council was established at the end of June, this covers the six month period of July to December 2011 and covers a number of costs associated with establishing the Council. The Estimates for 2012 are currently being considered and final allocations will be set out in the Revised Estimates for Public Services 2012 as is normally the case. However, at the time of establishment, it was envisaged that the Council's annual allocation would be between €400,000 and €650,000.

There are five members of the Fiscal Advisory Council. Two of the Council's members are Irish public servants and they are not paid for their service on the Council. In the case of the remaining three members of the Council, a stipend of €5,000 will be paid.

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