Written Answers. - Current Budget Deficit.

Wednesday, 14 February 1996

Dáil Éireann Debate
Vol. 461 No. 5

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  66.  Dr. O'Hanlon  Information on Rory O'Hanlon  Zoom on Rory O'Hanlon   asked the Minister for Finance  Information on Ruairí Quinn  Zoom on Ruairí Quinn   the current budget deficit in 1994 and 1995; the total Exchequer borrowing in 1994 and 1995; and the total public sector borrowing in 1994 and in 1995 expressed as the total amount and as a percentage of GNP and GDP. [3285/96]

Minister for Finance (Mr. Quinn): Information on Ruairí Quinn  Zoom on Ruairí Quinn  The information requested by the Deputy is as follows:

% %
£m. GNP GDP
Current Budget Deficit (CBD)
1994 (minus indicates a surplus) –15 –0.1 –0.0
1995 362 1.1 0.9
Exchequer Borrowing Requirement
1994 672 2.2 1.9
1995 627 1.9 1.6
Public Sector Borrowing Requirement
1994 782 2.6 2.3
1995 826 2.5 2.2

The CBD for 1994 reflects one-off factors such as the tax amnesty proceeds and the application of previous year NTMA savings, while for 1995 the data reflect equal treatment and hepatitis C payments.

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