The Minister for Finance, Mr. Michael Noonan T.D. has today (18th July 2012) published the Fiscal Responsibility Bill 2012. This Bill sets out the legislation required to implement the key provisions of Article 3 and Article 4 of the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union (“the Stability Treaty”).
Ireland has successfully concluded the seventh review of the Programme of Assistance with the EU Commission, the ECB and the IMF. In line with each of the previous six quarterly reviews, Ireland has continued to achieve all of the targets set under our programme.
“This morning’s successful auction of 3 months treasury bills by the NTMA was a very important milestone on Ireland’s continuing path to recovery. The yield on the bonds at 1.80% was very competitive to its peer Group, market commentators were agreed that any level lower than 2% would be considered a good result, and demand was strong amongst Investors with a bid to cover of 2.8 times.
05.07.12The Minister for Finance, Mr. Michael Noonan, TD, publishes independent report on the demand for credit by Small and Medium Enterprises (SMEs)
The Minister for Finance, Mr. Michael Noonan T.D. has today (5th of July 2012) published the SME Lending Demand Survey. This independent report was carried out by specialist firm Ipsos MRBI in conjunction with Mazars and covers the period October 2011 to March 2012 and is available on the Department of Finance website www.finance.gov.ie.
The following statement on the end-June 2012 Exchequer Returns was issued today (Tuesday, 3rd July 2012) by the Minister for Finance, Mr. Michael Noonan, T.D. and the Minister for Public Expenditure and Reform, Mr. Brendan Howlin, T.D.
Commenting on the end-June Returns, Minister Noonan and Minister Howlin stated:
Statement by Department of Finance
The Minister for Finance, Mr Michael Noonan, T.D., has today [Monday, 28th May, 2012] published a consultation paper which sets out preliminary analysis and data and invites interested parties to make submissions as part of an economic impact assessment of the operation, status and future development of the Section 481 tax relief otherwise known as ‘film relief’.
Government nominates Mr. Séamus McCarthy as new Comptroller and Auditor General
Dáil Éireann today agreed to the Government’s proposal that Mr. Seamus McCarthy would be nominated for appointment by the President as the Comptroller and Auditor General to replace Mr. John Buckley who retired at the end of February after a tenure of four years.
10.05.12The Department of Finance has today published the 2012 revision of the Department's Statement of Strategy 2011-2014
The Department of Finance has today published the 2012 revision of the Department's Statement of Strategy 2011-2014. The Statement was officially launched in the Department of Finance this morning and the Secretary General, Mr. John Moran presented the Strategy to key stakeholders.
The Minister for Finance, Mr. Michael Noonan T.D. has published today (8th May 2012) the European Stability Mechanism Bill 2012.