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State Debt

Dáil Éireann Debate, Thursday - 16 July 2015

Thursday, 16 July 2015

Questions (140)

Michael McGrath

Question:

140. Deputy Michael McGrath asked the Minister for Finance his estimate of the current structural deficit; and if he will make a statement on the matter. [29736/15]

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Written answers

The most recent estimate of the structural deficit was contained in the Stability Programme Update (SPU) published in April.  The estimate for 2015, using the required harmonised methodology, is a structural deficit of 2.6% of GDP.  An updated estimate of the structural balance will be contained in Budget 2016. 

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