I can advise the Deputy that the Exchequer recorded a surplus in 2018 of €0.1 billion, the first underlying surplus achieved since 2006 assisted inter alia by a strong corporation tax performance.
Turning to this year, the projected borrowing requirement is -€2.1 billion with the continued expansion of the National Development Plan; the refinancing of Irish Water's commercial loans with more competitively priced State funded debt and a projected €0.5 billion payment to the Rainy Day Fund contributing to this deterioration in the Exchequer position. For 2020 it is projected that an Exchequer surplus of €0.4 billion will be recorded, with an expected contribution from NAMA helping to boost the cash position.
Further detail on the Exchequer balance, including projections to 2024, are available in the Summer Economic Statement 2019
as
set out in table 3 therein.