Minister of State for International Banking, Simon Harris T.D. today announced the publication of the Q 4 progress report for IFS2020, the Government's International Financial Services Strategy which shows job creation well ahead of target.
27.01.16Harris welcomes strong jobs' growth in first year of IFS 2020 Strategy and launches 2016 Action Plan at European Financial Forum in Dublin Castle
21.01.16Minister for Finance welcomes nomination of Christine Lagarde for a second term as IMF Managing Director
The Minister for Finance Mr. Michael Noonan TD, today (21st of January) welcomed the nomination of Madame Christine Lagarde for a second term as the Managing Director of the International Monetary Fund (IMF).
Commenting on Madame Lagarde’s nomination for a second term, Minister Noonan stated:
The Minister for Finance today announced the appointment of three new members to the Financial Services Ombudsman Council for a period of five years with effect from 20 January 2016.
08.01.16Minister for Finance launches an expansion of the Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme
The Minister for Finance, Mr. Michael Noonan T.D., has announced a series of improvements to the Disabled Drivers and Disabled Passengers Scheme. Announcing the improved scheme, Minister Noonan stated:
07.01.16Comment by Minister for Finance, Mr. Michael Noonan T.D. on Ireland’s encouraging benchmark Bond Issuance.
“Today’s syndicated sale by the NTMA of a 10 year benchmark bond at a yield of 1.156 per cent demonstrates the market’s confidence in the Irish economy. With this issuance the NTMA has already reached half of their minimum target for 2016 in the first week of January.
- The Exchequer was broadly balanced in 2015, with a deficit of €62 million recorded
- The underlying Exchequer position is showing a year-on-year improvement of c. €5.2 billion on the back of increased tax and non-tax revenue and reduced debt servicing costs
Stabilisation Scheme for Credit Unions
The Minister for Finance, Mr Michael Noonan T.D., signed into law the Credit Union Fund (Stabilisation) Levy Regulations 2015 on 24th November 2015.
21.12.15Minister for Finance commences certain sections of the Credit Union and Co-operation with Overseas Regulators Act 2012
The Minister for Finance, Mr. Michael Noonan TD, has signed an Order commencing certain sections of the Credit Union and Co-operation with Overseas Regulators Act 2012. These sections will come into effect on 1 January 2016. The sections being commenced are:
Following approval of AIB’s capital reorganisation at a shareholder EGM yesterday afternoon the State is to receive €1.64bn in cash from the successful completion of the transaction today. This transaction marks the first meaningful return of capital to the State from its investments in AIB and completes the reorganisation measures which were approved by the SSM in November.
10.12.15Minister for Finance confirms Government contribution to Council of Europe Development Bank Migrant and Refugee Fund
- Government to contribute €250,000 to Migrant and Refugee Fund
- Fund established by Council of Europe Development Bank to provide assistance for resettlement and integration of migrants and refugees in Council of Europe member countries worst-affected by the refugee crisis