Written answers
Wednesday, 20 June 2012
Department of Finance
Government Revenue and Expenditure
9:00 pm
Michael McGrath (Cork South Central, Fianna Fail)
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Question 56: To ask the Minister for Finance when he expects to be in a position to report monthly Government revenue and expenditure on a gross basis; and if he will make a statement on the matter. [30047/12]
Michael Noonan (Limerick City, Fine Gael)
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The monthly Exchequer Statement published by my Department presents the cumulative receipts into and issues from the Exchequer Account for the year to date. The voted expenditure issues are based on the estimated requirements of Departments and Offices from the Supply Account of the Paymaster General and are net of appropriations-in-aid and thus funded on a net basis from the Exchequer Account. It is the case however that as a means of improving budgetary reporting and allowing for comparability officials from my Department are discussing with officials from the Department of Public Expenditure and Reform the possibility of separately producing an alternative presentation of Exchequer information, some of which would be on a gross basis.
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