Oireachtas Joint and Select Committees

Tuesday, 24 June 2025

Committee on Budgetary Oversight

Annual Progress Report 2025: Discussion

2:00 am

Photo of Edward TimminsEdward Timmins (Wicklow, Fine Gael)
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With reference to the deficit, is it planned to have large or underlying deficits going forward, taking out the windfall corporation taxes? The report says the underlying deficit will increase from €4.6 billion in 2025 to €6.8 billion in 2026. That is quite a significant underlying increase of €2 billion in the deficit next year.