PQ 129
129. Deputy Stephen S. Donnelly asked the Minister for Finance the current working estimate of the quantum of new net budgetary measures that would be required in budget 2014 to meet the troika target of 5.1% of GDP for 2014, and to provide the workings of that calculation, for example, GDP of €174 billion, then 5.1% implies general Government deficit of no more than €8.9 billion, 2013 estimated GGD is €12.5 billion, so minimum correction of €3.6bn required; before any new budgetary measures, a reduction in general Government deficit of €2.8 billion is estimated €1.9 billion economic effects, €0.6 billion carryover from budget 2013, €0.4 billion due to Haddington Road, implying a minimum additional correction requirement of €0.8 billion from new budgetary changes in budget 2014; and if he will make a statement on the matter. [41491/13]
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2 October 2013
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2 October 2013
Summary
129. Deputy Stephen S. Donnelly asked the Minister for Finance the current working estimate of the quantum of new net budgetary measures that would be required in budget 2014 to meet the troika target of 5.1% of GDP for 2014, and to provide the workings of that calculation, for example, GDP of €174 billion, then 5.1% implies general Government deficit of no more than €8.9 billion, 2013 estimated GGD is €12.5 billion, so minimum correction of €3.6bn required; before any new budgetary measures, a reduction in general Government deficit of €2.8 billion is estimated €1.9 billion economic effects, €0.6 billion carryover from budget 2013, €0.4 billion due to Haddington Road, implying a minimum additional correction requirement of €0.8 billion from new budgetary changes in budget 2014; and if he will make a statement on the matter. [41491/13]
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Budget 2014
Budget 2014
xml · EN · 2 October 2013
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- Official source: https://www.oireachtas.ie/en/debates/question/2013-10-02/129/
- Open data entity: https://data.oireachtas.ie/ie/oireachtas/question/2013-10-02/pq_129