“The CSO figures for Q2 2014 released today (18 September 2014) show that the Irish Economy grew by 7.7% in GDP terms and by 9% in GNP terms year on year. This is the strongest growth rate recorded since the early 2000’s and shows that the strong and stable recovery in the Irish economy is well under way and is starting to be felt across all sectors of the economy.
The Minister for Finance, Mr. Michael Noonan TD, today welcomed the publication of the 2014 OECD BEPS reports. In total seven reports were published covering a broad range of topics.
The following speaking points explain todays agreement.
The Eurogroup have reached political agreement on the early repayment of portions of our IMF loans.
There will be no need to come back to Eurogroup for further discussion.
It is expected that Ecofin will mandate the Economic and Financial Committee to do likewise.
In accordance with a decision of the Government, expressions of interest are to be invited when vacancies occur on the boards of public bodies.
The Minister for Finance is seeking expressions of interest in positions as Members of the National Treasury Management Agency.
National Treasury Management Agency
The Minister for Finance Mr Michael Noonan T.D. today (09th September) completed a series of meetings with the leaders of EU Institutions to discuss the issue of Ireland's debt sustainability. Speaking after the meetings Minister Noonan stated:
Minister of State Simon Harris TD is in Brussels today (09-Sept-2014) to undertake a number of engagements relating to his responsibilities in the areas of International Banking and Financial Services.
The Minister for Finance Mr Michael Noonan T.D. today (08th September) met with the Vice President of the European Commission responsible for Economic and Monetary Affairs and the Euro, Mr Jyrki Katainen. Speaking after the meeting Mr Noonan stated:
03.09.14Launch of Media Campaign for e-Day by Minister of State at the Department of Finance Mr. Simon Harris, T.D. on Wednesday 3 September 2014
Today – 3 September 2014, the Minister of State at the Department of Finance, Mr. Simon Harris, T.D., launched the media campaign for e-Day – 19 September 2014 – the date from which Government Departments, Local Authorities and State Agencies will no longer use cheques in their dealings with businesses.
Following on from Minister Noonan’s announcement in July in relation to his plans to refinance the IMF loans, the minister will be holding a series of meetings with the EU Commission, ESM, ECB and the President of the Eurogroup.
Statement by Minister for Finance, Michael Noonan TD, on the End August Exchequer Returns
“The Exchequer figures to the end of August and in particular the strong performance of income and consumption taxes are further evidence that the recovery is strengthening as the year progresses.