Dáil debates

Tuesday, 31 January 2023

An tOrd Gnó - Order of Business

 

3:35 pm

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael) | Oireachtas source

No decisions have been made on that yet. We hope to make a decision no later than the middle of February so that people get advance notice. I take the Deputy's point that we are probably heading for a budget surplus again this year. We had a budget surplus of €5 billion last year but we should never forget that we also have a debt of €250 billion. It is not a debt we have to pay back but is one we have to service every year. As interest rates rise, that will become more expensive.

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