Results 821-840 of 1,222,825 for in 'Dáil debates' OR (speaker:Rory O'Hanlon OR speaker:Peter Fitzpatrick OR speaker:Seán Sherlock OR speaker:Joe McHugh OR speaker:Aindrias Moynihan OR speaker:Cathal Berry OR speaker:Micheál Martin OR speaker:Helen McEntee OR speaker:Matt Carthy OR speaker:Louise O'Reilly OR speaker:Johnny Mythen OR speaker:Michael Healy-Rae OR speaker:Catherine Connolly OR speaker:Pearse Doherty OR speaker:Michael McGrath OR speaker:Jim O'Callaghan OR speaker:Thomas Gould OR speaker:Seán Ó Fearghaíl OR speaker:Pauline Tully OR speaker:Dara Calleary OR speaker:Pat Buckley OR speaker:Imelda Munster OR speaker:Alan Farrell OR speaker:Steven Matthews OR speaker:Thomas Pringle OR speaker:Pádraig Mac Lochlainn OR speaker:Aengus Ó Snodaigh OR speaker:Pádraig O'Sullivan OR speaker:Seán Ó Fearghaíl4 OR speaker:Aengus Ó Snodaigh17 OR speaker:Aengus Ó Snodaigh13 OR speaker:Aengus Ó Snodaigh10 OR speaker:Catherine Martin OR speaker:Aengus Ó Snodaigh08 OR speaker:Aengus Ó Snodaigh3 OR speaker:Aengus Ó Snodaigh05 OR speaker:Denis Naughten OR speaker:Mark Ward OR speaker:Dessie Ellis OR speaker:Maurice Quinlivan OR speaker:Bernard Durkan OR speaker:Róisín Shortall OR speaker:John McGuinness OR speaker:Chris Andrews OR speaker:Martin Kenny OR speaker:Jack Chambers OR speaker:Joe O'Brien OR speaker:Catherine Murphy OR speaker:Bernard Durkan9 OR speaker:Anne Rabbitte OR speaker:Niamh Smyth OR speaker:Seán Haughey OR speaker:Rose Conway-Walsh OR speaker:Seán Canney OR speaker:Donnchadh Ó Laoghaire OR speaker:Charlie McConalogue OR speaker:Aengus Ó Snodaigh28 OR speaker:Mary Butler OR speaker:James Browne OR speaker:Bríd Smith OR speaker:Aengus Ó Snodaigh03 OR speaker:Aengus Ó Snodaigh06 OR speaker:Ruairi Ó Murchú OR speaker:Michael Lowry OR speaker:Aengus Ó Snodaigh01) in 'Committee meetings'

Joint Oireachtas Committee on Agriculture, Food and the Marine: Welfare, Treatment and Traceability of Horses: Discussion (Resumed) (23 Oct 2024)

Johnny Mythen: Yes, I thank the Leas-Chathaoirleach. The witnesses mentioned setting up a Garda unit on this. Have they looked at other countries where this exists and models that have worked?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Welfare, Treatment and Traceability of Horses: Discussion (Resumed) (23 Oct 2024)

Johnny Mythen: That is fine. I thank the Leas-Chathaoirleach.

Committee on Budgetary Oversight: Business of Select Committee (23 Oct 2024)

Aindrias Moynihan: We have received apologies from Deputies Steven Matthews and Ged Nash. I propose that the committee go into private session to deal with some housekeeping matters. Is that agreed? Agreed.

Committee on Budgetary Oversight: Ireland's Medium-Term Fiscal and Structural Plan: Irish Fiscal Advisory Council (23 Oct 2024)

Aindrias Moynihan: This evening's engagement is with representatives of the Irish Fiscal Advisory Council. On behalf of the committee, I welcome Mr. Seamus Coffey, chairman of the council, and Dr. Eddie Casey, chief economist. It is always great to have them here. We are looking forward to a discussion on the EU's fiscal rules and the State's medium-term fiscal and structural plan, which was published last...

Committee on Budgetary Oversight: Ireland's Medium-Term Fiscal and Structural Plan: Irish Fiscal Advisory Council (23 Oct 2024)

Aindrias Moynihan: As a vote has been called in the Dáil, I propose that we suspend until it has concluded.

Committee on Budgetary Oversight: Ireland's Medium-Term Fiscal and Structural Plan: Irish Fiscal Advisory Council (23 Oct 2024)

Aindrias Moynihan: 2 o’clock I thank Mr. Coffey for his opening statement. I open the floor, following the normal rota, and call Deputy Conway-Walsh.

Committee on Budgetary Oversight: Ireland's Medium-Term Fiscal and Structural Plan: Irish Fiscal Advisory Council (23 Oct 2024)

Rose Conway-Walsh: Apologies for the vote. My first question refers to an endorsement IFAC provided for the economic projections which were released alongside budget 2025. In the letter of endorsement on the macroeconomic projections, IFAC stated that one of the three elements of the basis for its approach is a review of the Department's past forecasts to look for errors and systematic bias. Is it fair to...

Committee on Budgetary Oversight: Ireland's Medium-Term Fiscal and Structural Plan: Irish Fiscal Advisory Council (23 Oct 2024)

Rose Conway-Walsh: Maybe IFAC could let us have that. How many times has it overestimated? It should be fairly easy to see in GNI*. It is important for us to see the patterns that are there. IFAC endorsed the macroeconomic projection we received on budget day. Apart from the element I outlined, it also looked at the comparisons on the benchmark projections and forecasts from other bodies. IFAC said that...

Committee on Budgetary Oversight: Ireland's Medium-Term Fiscal and Structural Plan: Irish Fiscal Advisory Council (23 Oct 2024)

Rose Conway-Walsh: Okay. Do the witnesses think the inclusion of BEPS pillar 1 kicking in in 2026 is a credible expectation?

Committee on Budgetary Oversight: Ireland's Medium-Term Fiscal and Structural Plan: Irish Fiscal Advisory Council (23 Oct 2024)

Rose Conway-Walsh: Why?

Committee on Budgetary Oversight: Ireland's Medium-Term Fiscal and Structural Plan: Irish Fiscal Advisory Council (23 Oct 2024)

Rose Conway-Walsh: Does IFAC have any oversight of the multiplier that is used by the Department for current and capital expenditure?

Committee on Budgetary Oversight: Ireland's Medium-Term Fiscal and Structural Plan: Irish Fiscal Advisory Council (23 Oct 2024)

Rose Conway-Walsh: I refer to the multiplier that is used which means that if we put X in, we get Y out.

Committee on Budgetary Oversight: Ireland's Medium-Term Fiscal and Structural Plan: Irish Fiscal Advisory Council (23 Oct 2024)

Rose Conway-Walsh: Does IFAC have any impact on the multiplier that is used by the Department? It is difficult to tell. There are lots of moving parts.

Committee on Budgetary Oversight: Ireland's Medium-Term Fiscal and Structural Plan: Irish Fiscal Advisory Council (23 Oct 2024)

Rose Conway-Walsh: It might be something worth looking into in terms of the transparency of future estimates. Does IFAC assess the level of public expenditure based on the share of the real economy, which is obviously GNI*? From my own estimates, when I compare either net expenditure or general Government expenditure, it shows we are spending less today than we were in 2019, the year before the current...

Committee on Budgetary Oversight: Ireland's Medium-Term Fiscal and Structural Plan: Irish Fiscal Advisory Council (23 Oct 2024)

Rose Conway-Walsh: It is also necessary, though, to look at inflation. We never signed up to the restrictive Fine Gael 5% spending rule. I believe we have been proven right in relation to inflation. Of the three examples that IFAC gave us in its submission, namely, the Netherlands, Finland and Sweden, the first two specifically take inflation into account and look at the increases in spending in real terms....

Committee on Budgetary Oversight: Ireland's Medium-Term Fiscal and Structural Plan: Irish Fiscal Advisory Council (23 Oct 2024)

Rose Conway-Walsh: It is less today than it was in 2019 in terms of spending. It is a kind of contradiction in one sense. The concern is that all this highlights some of the risks associated with legislating for the spending rules.

Committee on Budgetary Oversight: Ireland's Medium-Term Fiscal and Structural Plan: Irish Fiscal Advisory Council (23 Oct 2024)

Rose Conway-Walsh: No, exactly. What we are trying to get at here, however, is to be fiscally responsible but still have enough flexibility to be able to adapt to and respond to external changes that occur. It is about the balance rather than about tying ourselves into something if we were to legislate for the rule.

Committee on Budgetary Oversight: Ireland's Medium-Term Fiscal and Structural Plan: Irish Fiscal Advisory Council (23 Oct 2024)

Rose Conway-Walsh: I thank Dr. Casey for that. The EU fiscal rules state that the medium-term fiscal plans will commit member states to an agreed net expenditure path for a five-year period. The plan will subsequently be endorsed by the Council of the European Union. It is stated that once endorsed by the European Council, it is generally not possible to deviate from the agreed net expenditure path unless...

Committee on Budgetary Oversight: Ireland's Medium-Term Fiscal and Structural Plan: Irish Fiscal Advisory Council (23 Oct 2024)

Rose Conway-Walsh: It is trying to stop it.

Committee on Budgetary Oversight: Ireland's Medium-Term Fiscal and Structural Plan: Irish Fiscal Advisory Council (23 Oct 2024)

Rose Conway-Walsh: Yes. I think this is crucially important because we are adding an additional national restriction to an economic decision of a democratically-elected government. I think this is extremely serious. IFAC's submission refers to it having an enforcement role in regard to the EU fiscal rules. Will the witnesses expand on this statement? I refer to what IFAC having an additional enforcement...