Dáil debates

Wednesday, 16 May 2018

Ceisteanna - Questions - Priority Questions

Budget Targets

10:45 am

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I have answered all the questions put to me on the matter in written format. I have answered the question the Deputy put to me in writing and which was made available to my Department in advance of questions in the Dáil. To answer directly the question the Deputy has subsequently put to me, he is correct. If one looks at the amount of last year's fiscal space which was pre-committed, the figure is €1.4 billion, which means there is €1.8 billion for expenditure. That means that for total budget day packages, which is to say decisions made on expenditure, taxation and a rainy day fund, the balance available on the basis of last year's figures is fiscal space of €1.8 billion. However, I emphasise that this is on the basis of last year's figures. As to my intentions for the approaching budget, I want to be very clear. It is my objective that budget 2019 will be the same as budgets 2017 and 2018. I want a budget which makes steady and affordable progress on the issues our country faces, whether they be the huge issues within our society or the economic challenges we have to confront.

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