Thursday, 12 December 2019

Ceisteanna (63)

Peter Burke

Ceist:

63. Deputy Peter Burke asked the Minister for Finance the surplus recorded in 2018 on a GGB basis; and the expected surplus to be recorded in 2019. [52508/19]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

The official outturn for 2018 is compiled by the Central Statistics Office (CSO). This is included in Table 1 of the Economic and Fiscal Outlook published as part of Budget 2020. This table also includes the Department of Finance’s projections of the main economic and fiscal variables, including the general government balance.

The following extract sets out the information the Deputy requested.

-

2018

2019

General Government Balance, per cent of GDP

0.1

0.2

Taking into account the November tax receipts, with all else being equal, a surplus of 0.4 per cent of GDP could instead be in prospect for this year.

The CSO will publish the official outturn for 2019 in April of next year.