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1. • • The country is on course for a bumper surplus for the third consecutive year in 2024, after being €8.3 billion in the black last year and €8.6 billion in 2022, according to official data.
     www.afr.com/world/europe/ireland-s-problem-what-to-do-with-its-14b-budget-surplus-20240902-p5k79x

     Ireland’s problem: what to do with its $14b budget surplus

2. People also ask

   Will Ireland run a budget surplus in 2024?

   • The Irish government has said it expects to run a budget surplus of more than €8bn (£6.8bn) in 2024. It is equivalent to almost 3% of the national income. It is the third year in a row the government will have taken in more in taxes than it spends.

   Ireland forecasts budget surplus of more than €8bn - BBC

   www.bbc.co.uk/news/articles/c88zg586782o

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   Does Ireland have a budget surplus?

   • The government has slashed its budget surplus forecast for the years ahead — it had predicted €65bn for 2023-26 — but is still expecting a total of €38bn for 2024-2027. Outside of the big tax haul, Ireland’s economy is performing strongly.

   Ireland’s luxury problem: what to do with its €8.6bn surplus

   www.ft.com/content/bda76023-5cc2-404a-8ad0-c9cba8af4f88

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   Is Ireland's tax surplus misleading?

   • Even so, aside from inflationary risks, the watchdog has cautioned that the surplus is also misleading - due to Ireland's status as a multinational magnet. "While the Government boasts a surplus, this is driven by taxes from a handful of multinationals," Wednesday's statement said.

   Ireland has a budget surplus: Why has it been warned to stop spending?

   www.euronews.com/business/2024/09/05/ireland-is-running-a-budget-surplus-why-has-it-been-warned-to-stop-spending

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   What will Ireland's upcoming budget look like?

   • Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Officials preparing Ireland’s upcoming budget face a situation most of their peers elsewhere would love to have: an €8.6bn surplus and an economy that grew five times faster than expected last year.

   Ireland’s luxury problem: what to do with its €8.6bn surplus

   www.ft.com/content/bda76023-5cc2-404a-8ad0-c9cba8af4f88

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   Is Ireland heading for a bumper surplus in 2024?

   • The country is on course for a bumper surplus for the third consecutive year in 2024, after being €8.3bn in the black last year and €8.6bn in 2022, according to official data. Surging corporation tax receipts from Irish-based global companies, mostly in tech and pharmaceuticals, are behind the overflowing government coffers.

   Ireland’s luxury problem: what to do with its €8.6bn surplus

   www.ft.com/content/bda76023-5cc2-404a-8ad0-c9cba8af4f88

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   Why did the Irish government announce a budget in July?

   • The Irish government announced an €8.3bn budget in July, which in light of tax revenue raised spending by 6.9%. "By pumping more money into an economy with record employment rates now, the Government risks worsening the problem of rising prices and capacity constraints," said the IFAC.

   Ireland has a budget surplus: Why has it been warned to stop spending?

   www.euronews.com/business/2024/09/05/ireland-is-running-a-budget-surplus-why-has-it-been-warned-to-stop-spending

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3. www.ft.com › content › bda76023-5cc2-404a-8ad0-c9cbaIreland’s luxury problem: what to do with its €8.6bn surplus

   www.ft.com › content › bda76023-5cc2-404a-8ad0-c9cba

   Sep 2, 2024 · Officials preparing Ireland’s upcoming budget face a situation most of their peers elsewhere would love to have: an €8.6bn surplus and an economy that grew five times faster than expected last...

4. www.bbc.co.uk › news › articlesWhy has Ireland got so much surplus cash? - BBC

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   Aug 8, 2023 · The Republic of Ireland is predicted to have a €65.2bn (£56.3bn) budget surplus by 2027. Many multi-national companies have settled in Dublin due to low corporation tax. Campaigners have...

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5. www.bbc.com › news › articlesWhy does the Republic of Ireland have so much surplus cash? - BBC

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   Aug 8, 2023 · The Republic of Ireland is predicted to have a €65.2bn (£56.3bn) budget surplus by 2027. Many multi-national companies have settled in Dublin due to low corporation tax. Campaigners have argued...

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6. www.euronews.com › business › 2024/09/05Ireland is running a budget surplus: Why has it been warned ...

   www.euronews.com › business › 2024/09/05

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   Sep 5, 2024 · Wednesday's statement estimated that consumer prices in 2025 will be 1.9% higher due to breaches of the spending rule since 2022. This adds about €1,000 to a typical household's yearly outgoings....

7. www.rte.ie › 1472445-government-surplus-budgetGovernment confirms surplus of €25bn ahead of budget - RTÉ

   www.rte.ie › 1472445-government-surplus-budget

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   Sep 28, 2024 · By David Murphy. Economics and Public Affairs Correspondent. The Government's White Papers of spending and receipts confirms the Government will have a surplus of €25 billion for this year....

8. www.bbc.co.uk › news › articlesIreland forecasts budget surplus of more than €8bn - BBC

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   Apr 24, 2024 · The Irish government has said it expects to run a budget surplus of more than €8bn (£6.8bn) in 2024. It is equivalent to almost 3% of the national income. It is the third year in a row...

9. www.economist.com › europe › 2023/10/05What should Ireland’s government do with a huge budget surplus?

   www.economist.com › europe › 2023/10/05

   Oct 5, 2023 · Boosted by corporate tax from overseas companies, the Irish government faces a budget surplus of €10bn ($10.5bn, or 3.5% of GNI) this year and maybe €16bn the next. Yet this bonanza puts...