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Fiscal Data

Dáil Éireann Debate, Tuesday - 26 July 2022

Tuesday, 26 July 2022

Questions (364)

Pearse Doherty

Question:

364. Deputy Pearse Doherty asked the Minister for Finance the projected structural balance in 2022 and 2023 and the general Government balance in percentage and nominal terms in 2022 and 2023 associated with a structural balance of -0.5%. [40382/22]

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Written answers

Estimates of the structural balance at present are subject to even more uncertainty than normal.

Having said this, my Department will publish estimates in the forthcoming budget, taking into account its revised fiscal forecasts and is revised economic assessment.

I would also stress that measures of the structural balance, as constructed in line with international standards, do not take into account the ‘excess’ corporate tax receipts that we are now seeing.

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