Oireachtas Joint and Select Committees

Thursday, 18 April 2019

Committee on Budgetary Oversight

Stability Programme Update: Minister for Finance and for Public Expenditure and Reform

Photo of Martin HeydonMartin Heydon (Kildare South, Fine Gael)
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I thank the Minister and his officials for coming in. It is very much welcome that the Government achieved a surplus of €50 million in 2018.

That was the first surplus since 2007. There was an improvement in the deficit of €830 million in 2017. How does the Minister intend to use the surplus? I do not expect him to announce the entire budget now but I ask him to give us an insight into his thinking, in broad terms. Critically, does he believe that a surplus can be maintained after Brexit?