Michael D. Higgins
Question:121 Mr. M. Higgins asked the Minister for Finance if he will make a statement on the anticipated end of year Exchequer returns for 2004. [29860/04]
View answerTuesday, 23 November 2004
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Written answers
At the Abridged Estimates Volume, AEV, Conference last week, I stated that, as of then, my Department was anticipating an Exchequer borrowing requirement of about €0.7 billion compared to a budget day forecast of €2.8 billion for 2004. The difference was mainly due to about €2 billion extra in tax receipts and some savings on expenditure. There is still a lot of tax to come in so such estimates are always subject to change and up-dating.