Oireachtas Joint and Select Committees
Wednesday, 27 September 2017
Committee on Budgetary Oversight
Business of Select Committee
Ex-ante Scrutiny of Budget 2018 (Resumed): Minister for Finance
2:00 pm
Paschal Donohoe (Dublin Central, Fine Gael)
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I understand we are dealing with a general Government balance. When I translate the 0.5% into a general Government balance the measure that I have to meet is the structural balance, which is equal to -0.1% of a general Government balance. If it is -0.1% that means it is, in essence, as close as we can get it to being balanced.