Investor Presentaiton
Ireland set for surplus in 2022
Robust revenues mean surplus is forecasted a year ahead of schedule
Gen. Govt. surplus expected in 2022, 0.4% of GNI*
10
10
5
0
Revenues strong in 2022; income tax and VAT important but
corporate tax exceptionally strong^ (end-August)
70
10
50
do
30
Jo
-5
-10
2022F
-15
GGB % of
GNI* 0.4%
-20
|
T
I
T
1995
2000 2005
2010 2015 2020
2025
10
-10
2022 vs 2021 YTD
Income Tax
VAT
Excise
Revenues
Corporation Expenditure
Source: CSO, Irish Department of Finance forecasts
Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta
National Treasury Management Agency
^CT receipts growth unusually large but expected to be c. 37% for year-end
Source: Irish Department of Finance
23
23
LHS chart: Underlying GG and primary balance numbers used (excludes banking recapitalisations during GFC)
GGB (% GNI*) == Primary Balance (% GNI*)View entire presentation