Peter Mathews (Dublin South, Fine Gael)
Link to this: Individually | In context

Question 74: To ask the Minister for Finance the primary budget deficit in 2011; the anticipated primary budget deficit in 2012, 2013 and 2014; and if he will make a statement on the matter. [25756/12]

Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context

As the Deputy is aware the latest estimate of the General Government Primary Balance for 2011, as well as my Department's latest projections for the years 2012-2015, is set out in Table A1, Annex 2 on page 49 of the recently published Stability Programme Update. These estimates are set out again in the table below.

*This is the headline Primary Balance. The underlying Primary Balance, excluding the 3.7% of GDP in GGB impacting capital transfers to AIB and ILP, was -6.0% of GDP.