Jim O'Keeffe
Question:27 Mr. J. O'Keeffe asked the Minister for Finance the Exchequer surplus now expected at the end of 2000; and his plans for the disposal of same. [18060/00]
Vol. 522 No. 2
27 Mr. J. O'Keeffe asked the Minister for Finance the Exchequer surplus now expected at the end of 2000; and his plans for the disposal of same. [18060/00]
When the end-march Exchequer figures were published, I indicated that, based on trends to that point, tax revenue for the year as a whole could exceed the budget target by as much as £500 million. The expenditure figures at that time appeared low, but that was due mainly to timing factors. The first quarter figures indicated that the public finances were well on target for the year.