Written answers

Thursday, 25 September 2008

5:00 pm

Photo of Kathleen LynchKathleen Lynch (Cork North Central, Labour)
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Question 46: To ask the Minister for Finance if he will borrow to fund current expenditure during 2009; and if he will make a statement on the matter. [31319/08]

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)
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As the Deputy knows, Budget 2009 will be presented to the Dáil on Tuesday, 14 October. Decisions in relation to Budget 2009 are currently being formulated for consideration by Government in advance of Budget day. It is not clear as to the overall level of government borrowing that may be required at this stage. This depends on a number of variables. Beyond that, as the Deputy knows, it is not the usual practice to speculate in advance of the annual Budget on what it will contain and I do not propose to deviate from this practice now.

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