Picking Argentinian brains

The establishment of a post of a special fiscal prosecutor, distinct from the DPP and dealing with fraud of all sorts; and an…

The establishment of a post of a special fiscal prosecutor, distinct from the DPP and dealing with fraud of all sorts; and an internal audit office reporting to the head of government, separate from both the CAG and departmental auditors, to examine spending before, rather than after the event will shortly be examined.

The proposals are just two of the ideas the three-man team from the Committee on Public Accounts, Jim Mitchell, Conor Lenihan and Michael Bell picked up during their seven-day visit to Argentina, which ended last weekend.

The trio met their equivalent committee in Buenos Aires and studied the Argentinian economy - which is not in good condition, not least because 50 per cent of workers don't pay tax.

They also met the committee for the modernisation of parliament, whose first aim is to introduce a time limit on speeches. On St Patrick's Day, they went to the embassy for a garden party (halted by a downpour), hosted by ambassador Paula Slattery, where Dermot Ahern was guest of honour.

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Lenihan, in particular, was thrilled by the visit. When they arrived, the trio noticed that the Minister for the Economy, one Ricardo Lopez Murphy, was much in the news, as he drew up an austerity budget with the IMF on the doorstep.

On Friday of last week, Lenihan called to see a personal contact, Domingo Cavallo, leader of the small Action for the Republic Party, a noted economist and former finance minister. He was interested in how Argentina could copy the Celtic Tiger and get out of their economic mess - which is not unlike our past one.

Lenihan drew up a 10-point fact sheet on how we did it and presented it to Cavallo.

Cavallo predicted Murphy wouldn't last. No sooner was Lenihan home than he discovered that Murphy had gone and Cavallo is now Minister for the Economy.