Written answers
Wednesday, 14 January 2015
Department of Finance
General Government Debt
Jerry Buttimer (Cork South Central, Fine Gael)
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164. To ask the Minister for Finance the general budget deficit in each of the past eight years; his forecast for the budget deficit over each of the next three years; and if he will make a statement on the matter. [1633/15]
Michael Noonan (Limerick City, Fine Gael)
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The reported general government balance for the period 2007-2013 and the projected figures for 2014-2018 as per Budget 2015 are:
| - | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |
|---|---|---|---|---|---|---|---|
| General government balance | 453 | -13,145 | -19,357 | -21,892 | -14,764 | -13,901 | -9,947 |
Source: Eurostat
| - | 2014f | 2015f | 2016f | 2017f | 2018f |
|---|---|---|---|---|---|
| General government balance | -6,868 | -5,198 | -3,763 | -1,930 | 565 |
Source: Department of Finance
Note: Balances shown are the underlying figures and exclude financial sector measures affecting the balance.
The forecast data is based on revenue and expenditure information which was available at the time of the 'Budget 2015' publication. These figures are subject to change depending on the possible revision of information and future decisions regarding revenue and expenditure policy.
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