The Minister for Finance, Mr Michael Noonan T.D. today welcomes the third Progress Update Report on the Special Liquidation of IBRC which he received from the Special Liquidators, Mr Kieran Wallace and Mr Eamonn Richardson and which is available on the Department of Finance website.
- The Minister for Finance has today welcomed the announcement by the European Investment Bank, National Development Finance Agency and Department of Health of funding which will support the provision of 14 primary care centres throughout Ireland.
Ministers Noonan and Donohoe to meet Oireachtas Committee to discuss new approach to Budget scrutiny
- Employment in Q1 is up 0.8%, which equates to an additional 15,000 jobs relative to the last quarter of 2015
- In annual terms, numbers in employment are up by just under 47,000 (2.4%)
- The level of employment is now at highest level since Q1 2009. At just shy of the 2 million mark it will likely break this threshold in Q2
Taxation of Share Based Remuneration Consultation
Minister Noonan welcomes a future of sustainable development for Credit Unions
17.05.16Press Statement by Minister for Finance Michael Noonan T.D. On the subject of Excessive variable mortgage rates
This Bill has been tabled by Fianna Fáil and proposes to give power to the Central Bank of Ireland to regulate interest rates. This Bill will be discussed in the Dáil tonight (Tuesday) with wrap up tomorrow (Wednesday).
I feel there are three major flaws in the Bill as presented.
- Moody’s ratings agency has upgraded Ireland’s long-term sovereign rating to A3 from Baa1 with a positive outlook. The results of Moody’s latest review were scheduled to be released on Friday 13th of May but there was a slight delay in Moody’s announcement. The upgrade represents an improvement of one notch on the Moody’s scale.
Commenting on the NTMA’s auction of 6 year bonds, Minister for Finance Michael Noonan T.D. said:
“I welcome very much this sale of €750 million in government bonds at a yield of 0.157% and with 2.6 times the amount of offers needed to fulfil the auction.”
Commenting on the details of the AIB interest rate decision, Minister Noonan stated: