- Section 227 review concludes NAMA meetings its objectives and continues to be necessary
- NAMA directly supporting 15,000 jobs and each sale is follow by significant increase in building activity and jobs on the building
The Minister for Finance Michael Noonan TD, today (14 July 2014) welcomed the appointment of Mr Richard Pym as Chairman of AIB Group plc. Commenting on the announcement by AIB earlier today the Minister said:
Appointment of Mr. Derek Moran as Secretary General in the Department of Finance
The Government has today (8th July, 2014) appointed Mr. Derek Moran as Secretary General in the Department of Finance and he will take up the position on 15th July, 2014.
03.07.14Commenting on today Q1 GDP figures release by the CSO the Minister for Finance, Mr. Michael Noonan, T.D. stated:
“Today’s figures are very welcome and highlight the strength of the recovery in the Irish economy that is well underway.
Exchequer Returns to end June highlight the continued improvement in public finances with tax receipts continuing to grow and expenditure within profile
END-JUNE 2014 EXCHEQUER STATEMENT
24.06.14The Minister for Finance, Michael Noonan T.D., congratulated Revenue on their continued success in tackling cigarette smuggling.
The Minister for Finance, Michael Noonan T.D., today (24/6/2014) congratulated Revenue on their continued success in tackling cigarette smuggling. The Revenue Commissioners seized 32m cigarettes and 4,500kgs of water pipe tobacco at Drogheda – with a total retail value of approximately €14m.
Deposit Trends at Irish Covered Banks
May 2014 data
Deposit volumes remained stable in May 2014 at c.€155.1billion, with deposits increasing by c.€0.4 billion month-on-month; this increase was as a result of inflows from Corporates located outside of Ireland in addition to strong Retail inflows.
Commenting on the decision today by the European Commission to open a formal enquiry into a number of individual EU member states, a Department of Finance spokesperson said:
06.06.14Upgrade of Ireland to A- by Standard & Poor’s on Improved Domestic Prospects welcomed by the Minister for Finance
- Credit Rating upgraded to A- and outlook positive
- S&P forecasting average real GDP growth of 2.7% over 2014-2106
- Improved prospects for the domestic economy key driver of upgrade
- Early redemption of NAMA Senior Debt repayments noted
- Ability to attract high inflows of FDI expected to bolster Ireland’s real GDP growth recognised
Progress Report Update on the successful Special Liquidation of IBRC