Dáil Éireann Debate, Tuesday - 23 July 2019
186. Deputy Pearse Doherty asked the Minister for Finance the projected general Government balances based on the scenario A update in the summer economic statement from 2020 to 2024 in gross terms and as a percentage of GDP and GNI*, respectively in tabular form. [32862/19]
Amharc ar fhreagraThe following table shows the projected general government balance in nominal terms and as a percentage of GDP and GNI* for the period 2020-2024, based on Scenario “A” as set out in the Summer Economic Statement (SES).
In addition, it should be noted that the general government balance incorporates the revised anticipated annual spending plans (i.e. 3.25 per cent year-on-year current spending growth from 2021 onwards) as outlined in the SES.
|
|
2020 |
2021 |
2022 |
2023 |
2024 |
|
General Government Balance (€ millions) |
1,235 |
2,030 |
2,885 |
3,945 |
4,820 |
|
General Government Balance as % of GDP |
0.4% |
0.6% |
0.8% |
1.0% |
1.2% |
|
General Government Balance as % of GNI* |
0.6% |
0.9% |
1.3% |
1.7% |
1.9% |
