Tuesday, 19 July 2011
Department of Finance
Question 144: To ask the Minister for Finance the tax revenue expected for 2012, 2013 and 2014; if he will supply in tabular form the value, in gross spending and percentage terms, which is forecast to go into servicing the national debt, paying for public services and any costs associated with supporting the banking system; and if he will make a statement on the matter. [21170/11]
The following table sets out the details requested by the Deputy. All of the technical forecast figures in the table are taken from the Stability Programme Update (SPU) and will be subject to revision as the year progresses and more up-to-date economic and budgetary data becomes available and decisions with regard to the precise nature of the future budgetary consolidation to be implemented are taken. The Deputy should be aware that tax revenues are generally not assigned to particular areas of expenditure but rather are available, along with other sources of revenue such as non-tax revenue, capital receipts and Exchequer borrowing, to fund overall expenditure.
|â'¬ billion||TaxRevenue(A)||National Debt Servicing(B)||(B)as a% of(A)||GrossVotedExpenditure(C)||(C)as a% of(A)||Exchequer Banking Expenditure(D)||(D)as a% of(A)|