Written answers
Tuesday, 12 February 2013
Department of Finance
General Government Debt
Pearse Doherty (Donegal South West, Sinn Fein)
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To ask the Minister for Finance further to the publication of the December 2012 Exchequer Statement, if he will confirm the General Government Deficit for 2012 and a reconciliation between the GGD and the Exchequer Deficit for 2012. [6636/13]
Michael Noonan (Limerick City, Fine Gael)
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Budget 2013 contained a forecast General Government Balance (Deficit) of -8.2% of GDP which was based on the most up to date information available at the end of November. In light of the better than expected Exchequer returns for December 2012, it is now reasonable to expect that the General Government Balance (GGB) for 2012 will be under -8% of GDP. However, the first official estimate of the final GGB will be made by the Central Statistics Office in the Maastricht Returns at the end of March and will be published by Eurostat in mid to late April.
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