Brendan Burgess
Founder
- Messages
- 52,192
Summary
Expenditure|€53 billion
Receipts|€47 billion
Deficit|€ 6 billion
General Government balance|€5 billion
GG balance /Expenditure|10%%
The General Government Balance is a better indicator as it includes the Social Insurance Fund and state-sponsored bodies and local authorities.
In other words, it is forecast that we will borrow 10% of our expenditure in 2015
Receipts|€47 billion
Deficit|€ 6 billion
General Government balance|€5 billion
GG balance /Expenditure|10%%
The General Government Balance is a better indicator as it includes the Social Insurance Fund and state-sponsored bodies and local authorities.
In other words, it is forecast that we will borrow 10% of our expenditure in 2015