Michael McGrath (Cork South Central, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

140. To ask the Minister for Finance his estimate of the current structural deficit; and if he will make a statement on the matter. [29736/15]

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

The most recent estimate of the structural deficit was contained in the Stability Programme Update (SPU) published in April.  The estimate for 2015, using the required harmonised methodology, is a structural deficit of 2.6% of GDP.  An updated estimate of the structural balance will be contained in Budget 2016.