Joan Burton
Ceist:333. Deputy Joan Burton asked the Minister for Finance the Exchequer borrowing requirement for 2018; the projected borrowing requirement for 2019; and if he will make a statement on the matter. [34865/18]
Amharc ar fhreagraTuesday, 24 July 2018
Ceisteanna (333)
Freagraí scríofa
The Summer Economic Statement contains the most recent estimates of the Exchequer Borrowing Requirement for 2018 to 2021.
As per the Deputy's question, the estimates of the Exchequer borrowing requirement for 2018 to 2019 are €1,515 million and €2,405 million respectively.
The increase in the Exchequer borrowing requirement from 2018 to 2019 reflects the Government's commitment to invest in infrastructure, as outlined in the National Development Plan 2018 to 2027, and the annual contributions to the rainy day fund which begin in 2019.