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balance the needs today with the needs of generations to come - planning for the next 20, 30 or 40 years

Reaffirm the enterprise culture

Biggest housebuilding ever

A long term plan
 
Inflation from an average of 1/2% to 8% last year.

resulted in decline in living standards.

Expect 5 1/4% this year

2.9% next year
 
88.3 billion in tax revenues this year - first fall on forecasts for some years

Highly concentrated

Windfall CT receipts now €10 to €12 billion.

But Income Tax receipts

€8.8 billion surplus envisaged this year

€8.4 billion surplus next year

We would have an underlying deficit of €2 billion.

We will below €200 billion

We adjusted the
Net core public 6.1% this year and not 5% per the

Core spending will be allowed to rise by 5% a year

€14 billion

5 billion expenditure
1 billion tax

Once off col €2.6 billion
Non core 4.75 billion
 
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