Written answers
Tuesday, 21 October 2008
Department of Finance
Exchequer Expenditure
9:00 pm
P J Sheehan (Cork South West, Fine Gael)
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Question 214: To ask the Minister for Finance the amount of money spent by the Exchequer in 1992, broken down by current and capital expenditure; the comparable figures for 2008; the percentage of GNI, GDP or GNP for each of these years; and if he will make a statement on the matter. [35373/08]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The following table compares total, current and capital expenditure outturns for 1992, as published in the 1992 Finance Accounts, to 2008 forecast outturn figures published in Budget 2009. The GDP and GNP figures for 1992 are outturn figures published by the Central Statistics Office, while the corresponding estimates for 2008 are as published in Budget 2009. Both sets of figures are expressed in euro for ease of comparison.
1992 | 2008 | |||||
€m | % GDP | % GNP | €m | % GDP | % GNP | |
Net Current Expenditure | 12,451 | 31% | 35% | 45,063 | 24% | 29% |
Net Capital Expenditure* | 1,158 | 3% | 3% | 11,020 | 6% | 7% |
Net Total Expenditure | 13,610 | 34% | 38% | 56,083 | 30% | 35% |
*Capital figures for 2008 include a contribution of €1,690 million to the National Pension Reserve Fund for the pre-funding of future pension liabilities. |
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