Annual Tax Profile 2017 This is produced each year and forecasts the monthly amount of tax collected under the main tax heads. The Tax Receipts document of the monthly Exchequer Returns compared to this profile.
Budget 2018 The Budget is due on the 10th October. The Minister’s statement as well as a wide variety of supporting documentation will be on the www.budget.gov.ie website.
Budget 2018 Economic and Fiscal Outlook - this document outlines the economic background to the Budget and sets out Government economic strategy over the following three years. Projections for economic growth and the public finances over the period are included. It is produced in compliance with the Stability and Growth Pact which requires the submission of the Irish Stability Programme Update to the European Commission the following April.
Budget 2018 Expenditure Report 2018 - this document details the expenditure allocations by each Department and agency Vote for the following year. Summary tables for gross and net expenditure (pay, current, capital and total) for the upcoming year also includes forecast outturns for the current year. In addition, there are likely to be summaries of various reports and reviews of Government spending programmes published throughout the year.
Central Bank of Ireland: Quarterly Bulletin This is the Central Bank of Ireland’s quarterly update on economic developments. It includes an update of their economic forecasts as well as information and commentary on economic developments, monetary policy and financial sector issues.
CSO: Government Finance Statistics Produced on a quarterly basis, this release produces data on Government revenue and expenditure at all general government levels. It also reports on quarterly General Government Deficit and Debt levels. The data is reported on a National Accounts basis.
CSO: National Accounts This release contains the detailed results of the main National Accounts aggregates and their components. It provides the initial estimates of economic growth and the drivers of that growth for the previous quarter.
Cumulative Profile of expected Exchequer Revenue and Expenditure for 2017 – Alternative Presentation format This is produced each year and forecasts the monthly amount of Exchequer revenue and expenditure under the headings used in the alternative presentation format of the Exchequer Statement. This includes the Exchequer Balance profile for the year as well.
Department of Finance: Fiscal Monitor (incorporating the Exchequer Statement) This covers the cash inflows and outflows of Central Government’s main treasury account, the Central Fund. Revenue items include tax receipts against previous year outturn and current year profile, gross and net voted expenditure against previous year outturn and current year profile. In addition, it presents the same information from the Exchequer Statement in a format which splits out transactions with no general government implications to give a better overview of revenue and expenditure.
Department of Finance: Letter of response from Minister Noonan to IFAC re Fiscal Assessment Report of June 2017 This is the then Minister’s response to the issues raised by IFAC in its latest Fiscal Assessment report.
Department of Finance: Monthly Economic Bulletin The Department’s Monthly Economic Bulletin (MEB) provides a monthly update of some of the key developments within the Irish economy across a broad spectrum of sectors. The bulletin also outlines fiscal developments for the State, as well as being a source of the Department’s most up-to-date forecasts and providing a snapshot of the economic conditions in some of Ireland’s key trading partners.
Department of Finance: Monthly revenues and expenditures of all subsectors of general government This gives high level estimates of revenue and expenditure of all sectors of general government on a monthly basis. The publication provides timely data on the impact of each subsector of government; and by excluding financial transactions the publication gives a different concept of balance than the traditional Exchequer borrowing requirement provided in the monthly Exchequer Statement. Due to the mixed nature of the data (some is on a cash basis and some on an accruals basis) it gives an indicative estimate of the general government balance. This document is published by the end of the following month (i.e. January data is expected to be published by the end of February).
Department of Finance: Review of Ireland’s Corporation Tax Code At the request of the Government, Dr. Seamus Coffey compiled this report which examines and makes recommendations in respect of Ireland’s corporate tax regime, including the sustainability of the corporate tax base.
Department of Finance: Summer Economic Statement This sets out the updated estimate for fiscal space available for 2018 on a no policy change basis. It also sets out the Government’s economic and fiscal priorities for 2018.
Department of Finance: Tax Strategy Group Papers The Tax Strategy Group meets over a number of weeks in June/July to consider various issues relating to tax policy prior to the upcoming budget. Since 2016 the papers they consider are published in July rather than post Budget as in previous years.
Department of Public Expenditure and Reform: Mid-Year Expenditure Report 2017 The Mid-Year Expenditure Report updates the mid-year expenditure position, revises the Government Expenditure Ceiling and Ministerial Expenditure Ceilings for any technical changes since Budget 2017 and thus sets out the pre-Budget position for 2018 on the expenditure side as well as exploring some expenditure options for different Departments.
Department of Public Expenditure and Reform: Report of the Mid-Term Review of the Capital Plan: Building on Recovery 2016-2021 This report reviews the current Capital Plan in light of the significant additional resources that have been allocated (since the original plan was set) to capital expenditure over the period 2018-2021. The review draws on evidence including detailed submissions by Departments and Offices, a public consultation, as well as an Infrastructure Capacity and Demand Analysis completed by the Irish Government Economic and Evaluation Service (IGEES).
Department of Public Expenditure and Reform: Revised Estimates for Public Services This sets out Voted expenditure at programme and sub-programme level (i.e. at a more granular detail than the Estimates published with the Budget) along with relevant output targets, objectives and indicators which aim to provide a means of measuring expenditure performance.
Department of Public Expenditure and Reform: Spending Review Papers These papers detail and evaluate Government expenditure in a wide range of areas and are used to inform the overall expenditure review.
ESRI Budget Perspectives Conference This is an annual half yearly conference that examines budget-related policy issues from both macroeconomic and microeconomic standpoints. Topics in 2017 include the macroeconomic context for Budget 2018, a panel discussion on macroeconomic challenges, and papers on the financial incentives to work, and the evolution of household incomes during recession and the initial recovery.
ESRI: Quarterly Economic Commentary This report analyses current economic trends and provides macro-economic forecasts for the current and following year. It assesses international economic prospects and provides short-term forecasts in the framework of a consistent set of national accounts for Ireland. It also includes special chapters on economic issues.
European Commission: 7th Post-Programme Surveillance Report This report by the European Commission presents the findings of the latest post-programme surveillance mission to Ireland and identifies the remaining challenges for the economy and government finances.
European Commission: Alert Mechanism Report 2018 The Alert Mechanism Report (AMR) is the starting point of the annual cycle of the macroeconomic imbalance procedure (MIP), which aims to identify and address imbalances that hinder the smooth functioning of the economies of Member States or the economy of the EU and which may jeopardise the proper functioning of the economic and monetary union. The AMR uses a scoreboard of selected indicators, plus a wider set of auxiliary indicators, to screen Member States for potential economic imbalances in need of policy action.
European Commission: Annual Growth Survey This outlines the European Commission’s views as to the most pressing economic and social priorities which the European Union and its Member States should focus their attention on. In addition, it gives policy guidance underpinning the recommendations on economic policy for the euro area.
European Commission: Assessment of SPU This is the European Commission’s assessment of the SPU and the macroeconomic and fiscal position as well as whether the SPU figures comply with the Stability and Growth Pact.
European Commission: Country Report Ireland 2017 This is a key document prepared by European Commission staff as part of the European Semester. This country report assesses Irelandʼs economy in the light of the European Commissionʼs Annual Growth Survey published in November. It also discusses the macroeconomic imbalances identified in the Alert Mechanism Report. It also summarises progress on the pervious year’s Country Specific Recommendations.
European Commission: Opinion on Draft Budgetary Plan of Ireland The European Commission’s opinion on the draft budgetary plan includes an assessment of the plan’s compliance with the Stability and Growth Pact (SGP). In addition, it follows up on the guidance provided in the country-specific recommendations for fiscal policies under the 2017 European Semester process.
European Commission: Post-Programme Surveillance Report - Ireland, Autumn 2016 This report by the European Commission presents the findings of the latest post-programme surveillance mission to Ireland and identifies remaining challenges for the economy and government finances.
European Commission: Recommendation for a European Council Recommendation on the economic policy of the euro area This is the European Commission’s Recommendation on what economic policy euro area member states should pursue. If adopted by the European Council the European Commission will make Country Specific Recommendations that are compatible with the pursuit of this overall economic policy.
European Commission: Staff Working Document Analysis of the draft budgetary plan of Ireland This is the staff working paper that underpins the European Commission’s Opinion on the Draft Budgetary Plan of Ireland. It offers additional analysis and insight in relation to the European Commission’s Opinion.
European Commission: Seasonal Forecasts This report forecasts and analyses the economic situation and economic developments prepared by the European Commission's Directorate-General for Economic and Financial Affairs, which serve to underpin economic policy-making by the European Union.
European Council: Country Specific Recommendations The recommendations originally made by the European Commission as part of the European semester process and later endorsed by the European Council provide policy guidance tailored to each EU country on how to boost jobs and growth, while maintaining sound public finances. The recommendations adapt priorities identified at EU level in the Commission's Annual Growth Survey to individual countries.
Excessive Deficit Procedure Returns Council Regulation (EC) No 479/2009, as amended by Council Regulation (EU) No 679/2010 and Commission Regulation (EU) No 220/2014, requires that EU Member States report EDP-related data to Eurostat twice per year at end-March and end-September. The data are reported in harmonised tables – EDP Notification Tables also known as EDP Returns. The end-March returns are the first official outturn figures for 2016’s Government deficit and debt. The end-September returns are the final outturn figures.
Irish Fiscal Advisory Council: Pre-Budget 2018 report Each year the Irish Fiscal Advisory Council produce a pre-Budget report which gives advice to the Government and the Oireachtas on fiscal issues.
International Monetary Fund: Post-Program Monitoring Discussions - Press Release; And Staff Report For Ireland This report by IMF staff presents the findings of the latest post-programme surveillance mission to Ireland and identifies challenges for the economy and government finances.
International Monetary Fund: World Economic Outlook The World Economic Outlook (WEO) presents IMF economists' analyses of global economic developments, issues affecting advanced, emerging, and developing economies, and topics of current interest. It is used to inform the Department of Finance’s forecasts.
Mid-Year Expenditure Report 2017 The Mid-Year Expenditure Report updates the mid-year expenditure position, revises the Government Expenditure Ceiling and Ministerial Expenditure Ceilings for any technical changes since Budget 2017 and thus sets out the pre-Budget position for 2018 on the expenditure side as well as exploring some expenditure options for different Departments.
National Economic Dialogue (NED): Chair’s report The National Economic Dialogue (NED) took place in Dublin Castle in July 2017. The objective of the dialogue was to facilitate an open and inclusive exchange on the competing economic and social priorities facing the Government. Representatives of community, voluntary and environmental groups as well as business, unions, research institutes, the academic community and the diaspora were in attendance. The Chair, Alan Barrett of the ESRI produced a report in relation to the discussion that took place at the NED.
National Treasury Management Agency: Annual Report The National Treasury Management Agency (NTMA) manages Ireland national debt as well as the Strategic Investment Fund, the National Development Finance Agency and the National Assets Management Agency. Its annual report details its activities during the year, as well as providing detailed information and commentary on the national debt.
OECD Global Economic Outlook The OECD’s Global Economic Outlook presents the OECD’s economists' analyses of global economic developments, issues affecting advanced, emerging, and developing economies, and topics of current interest. It is used to inform the Department of Finance’s forecasts.
Oireachtas Library & Research Service: Economic Indicators (infographic) This is an infographic representation of the main economic indicators in the Irish economy based on Central Statistics Office releases.
Performance Report As part of the Programme for Government and restated in the submission from the Government to the Committee on Arrangements for Budget Scrutiny, The Government has committed to producing a Performance Report submitted by the Minister for Public Expenditure and Reform to the Oireachtas to provide information on the performance of each Vote and the linkages between results and resources. The Report will present relevant performance indicators in a dedicated, focused document, which will be enable sectoral Committees make best use of the time allocated for reviewing performance measures.
Public Service Performance Report The Public Service Performance Report presents performance indicators in a dedicated, focused document, which will enable sectoral Committees make best use of the time allocated for reviewing performance information.
Pre-Budget 2017 costings of tax/revenue proposals from Fianna Fáil, Sinn Féin and the Labour Party These are the political costings of tax and other revenue measures requested by individual political parties in preparation for Budget 2017 and provided by the Department of Finance (with input from the Revenue Commissioners and other Departments).
Pre-Budget 2017 costings of expenditure proposals from Fianna Fáil, Sinn Féin and the Labour Party These are the political costings of tax and other revenue measures requested by individual political parties in preparation for Budget 2017 and provided by the Department of Department of Public Expenditure and Reform (with input from other Departments).
Summer Economic Statement This sets out the updated estimate for fiscal space available for 2018 on a no policy change basis. It also sets out the Government’s economic and fiscal priorities for 2018.
Tax Strategy Group Papers The Tax Strategy Groups meets over a number of weeks in June/July to consider various issues relating to tax policy prior to the upcoming budget. Since 2016 the papers they consider are published in July rather than post Budget as in previous years.
White Paper - Estimates of Receipts and Expenditure This provides the opening fiscal position prior to the Budget and is usually published on the weekend before the Budget. The Constitution (Article 28.4.4) requires that the Government prepare estimates of the receipts and expenditure for each financial year and present them to the Dáil.