General Government Debt

Dáil Éireann Debate, Thursday - 18 July 2013

Thursday, 18 July 2013

Questions (171)

Michael McGrath

Question:

171. Deputy Michael McGrath asked the Minister for Finance based on currently available economic and fiscal projections, his Department’s estimate of the fiscal adjustment in Budget 2014 that would result in a general Government deficit of 5.1%. [36679/13]

Written answers

Minister for Finance

Our most recent fiscal forecasts and technical assumptions were contained in the Stability Programme Update. As the Deputy will be aware, there has been considerable data flow in the intervening period, including the recent Q1 Quarterly National Accounts, which will impact the deficit ratios in 2014. These and other relevant data, such as up to date revenue and expenditure figures, will enable our forecasts to be calculated and when this is completed will form the basis of Budget 2014.