Maureen O'Sullivan (Dublin Central, Independent)
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111. To ask the Minister for Finance the expected net effect of carryover measures carried over for 2019 as a result of budget 2017 measures; the way in which it is accounted for in the fiscal space projections; and if he will make a statement on the matter. [19650/18]

Paschal Donohoe (Dublin Central, Fine Gael)
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I am assuming the Deputy is referring to Budget 2018 measures.  The carryover cost in 2019 of tax measures introduced in Budget 2018 is estimated to be of the order of €14 million. It is important to point out that the exact impact of carryover will be reviewed as part of the normal Budgetary process, as there are several moving parts to be considered, such as economic growth, take up of various schemes and specific tax relevant factors, which could impact on the effect of the measures introduced.

The carryover impact of Budget 2018 current expenditure measures, as published in Expenditure Report 2018, is additional cost of some €300 m arising in 2019.

It should be noted that carryover costs impact the budget calculations in the year which they arise.

Finally, as I have stated on numerous occasions, the Government will formulate budget policy based on what is right for the economy, and will not adopt pro-cyclical policies that jeopardise the sustainability of our public finances and our future living standards.