Derek McDowell
Question:52 Mr. McDowell asked the Minister for Finance the Government's policy with regard to borrowing for capital purposes; and if he will make a statement on the matter. [12398/02]
Vol. 552 No. 3
52 Mr. McDowell asked the Minister for Finance the Government's policy with regard to borrowing for capital purposes; and if he will make a statement on the matter. [12398/02]
This Government has run budget surpluses since 1998 and has, therefore, not engaged in borrowing to fund capital or current public spending. In my most recent budget, I budgeted for both Exchequer and general Government surpluses.