Dáil Éireann Debate, Wednesday - 3 February 2010
116 Deputy Emmet Stagg asked the Minister for Finance his forecast for net migration patterns here for 2010 and 2011; the way he expects these patterns to impact on tax revenues, welfare payments, demand for and cost of public service provision, the overall Exchequer position; and if he will make a statement on the matter. [5332/10]
View answerMy Department expects 45,000 people to leave the labour force this year due to net outward migration. The equivalent figure for next year is a net outflow of the order 10,000 — 15,000 people.
Clearly this will have an impact on the public finances, with both the revenue and expenditure sides of the Government's balance sheet being affected. The demand for public services will also be affected by lower population growth. All these impacts have been factored into the Budget day fiscal projections.
