Tax Yield.

Dáil Éireann Debate, Thursday - 14 October 2004

Thursday, 14 October 2004

Questions (103)

Bernard J. Durkan

Question:

103 Mr. Durkan asked the Minister for Finance the sectors or Department most likely to benefit from the buoyancy of revenue returns in 2004; if these surpluses are likely to be diverted to the most sensitive areas; and if he will make a statement on the matter. [24958/04]

Written answers

Minister for Finance (Mr. Cowen)

Tax revenue has performed better than expected in 2004 to date. Even so, there will still be a need to borrow €1.2 billion to fund public services. In the light of this, the Deputy's reference to surpluses being diverted is not relevant.