Oireachtas Joint and Select Committees

Wednesday, 11 September 2019

Committee on Budgetary Oversight

Scrutiny of Tax Expenditures (Resumed)

Dr. Eddie Casey:

Deputy Lahart referred to what budget 2015 projected. The interesting point is that the surplus that had been forecast at that time was for 2018. We expected to have a surplus of €565 million, which is bigger than we had last year and is close to what we expect to have this year. We hope to have €610 million this year. At that time, without any knowledge of the kind of windfalls that we would get, that is what we expected - the surplus much earlier.

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