Department of Finance Annual Policy Conference 2023: Future-proofing the Public Finances – the Next Steps
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From: Department of Finance
- Published on: 6 July 2023
- Last updated on: 11 July 2024
Event overview
Theme:
The Department of Finance Annual Policy Conference will take place at 14:30 on 11th July 2023 in the River Suites, the Central Bank of Ireland on North Wall Quay in Dublin. The theme of the conference is on future-proofing the public finances – next steps. This follows the recent publication of a scoping paper which sets out some of the merits of establishing a long-term public savings vehicle in Ireland.
Context:
Corporation tax revenue has effectively doubled since just before the Covid-19 pandemic. On balance, the evidence suggests that much of this is windfall in nature. It is not possible to predict a turning point for these windfalls; accordingly, the headline budgetary surplus is set to expand further in the coming years. At the same time, medium-term pressures are building on the public finances. In this context, consideration is being given to the establishment of a long-term savings fund. The conference presents an opportunity to reflect on these matters.
Registration:
On the day, the registration desk will open at 14:00, with light refreshments available before the start of the conference. Guests must present their photo ID to receive their visitor badge to access the venue.
Queries:
Any queries in relation to the Annual Policy Conference can be directed by email to policyconference@finance.gov.ie.
Speakers
Programme
| Time | Topic | |
| 14:00 | Registration and tea/coffee | |
| 14:30 | Conference welcome: John McCarthy, Chief Economist, Department of Finance | |
| 14:50 | Session 1: Medium- to long-term fiscal pressures | |
| Chair: Mary O’Dea, CEO, IOB | ||
| Eddie Casey, Chief Economist and Head of Secretariat, Irish Fiscal Advisory Council | ||
| Q&A | ||
| 15:20 | Tea/coffee break | |
| 15:40 | Session 2: Design of a long-term savings fund | |
| Chair: Mary O’Dea, CEO, IOB | ||
| Matt Whineray, CEO, New Zealand Superannuation Fund | ||
| Gail Le Coz, Deputy Chairman, Audit and Risk Management Committee, The City of London Corporation | ||
| Q&A | ||
| 16:30 | Panel discussion: Reflections on a future-proofing fund | |
| Chair: Mary O’Dea, CEO, IOB | ||
| Minister for Finance, Michael McGrath T.D. | ||
| Peter Kinsella, Global Head of FX Strategy (Managing Director), Union Bancaire Privée and International Finance Correspondent, The Currency | ||
| Tom McDonnell, Co-Director, Nevin Economic Research Institute | ||
| John McCarthy, Chief Economist, Department of Finance | ||
| 17:15 | Close |
Please note there will be no printed copies of the conference documents distributed to attendees at the annual policy conference. This is part of our green initiative and an effort to reduce our carbon footprint for hosting the conference.
Documents
Presentation by Eddie Casey, Irish Fiscal Advisory Council - Department of Finance Policy Conference