New metric 'GGB Star' to monitor public finances

Calahonda52 · 2022-09-27 15:49:25

He said 'excess' receipts will be treated differently in future. The Department of Finance will now employ a new metric – GGB star – to monitor the public finances while excluding any 'excess' receipts. The GGB star for this year is currently forecast at a deficit of €8 billion compared to the headline surplus of €1…

27-09-2022 04:49PM

#1

Calahonda52

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He said 'excess' receipts will be treated differently in future. The Department of Finance will now employ a new metric – GGB star – to monitor the public finances while excluding any 'excess' receipts.
The GGB star for this year is currently forecast at a deficit of €8 billion compared to the headline surplus of €1 billion.
What is GGB Star?

https://www.rte.ie/news/budget-2023/2022/0927/1325777-new-metric-ggb-star-to-monitor-public-finances/

“I can’t pay my staff or mortgage with instagram likes”.

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#2 27-09-2022 05:01PM

silliussoddius

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Seems to be what the deficit budget would be if you excluded the Corporation tax receipts. Not a very good article, they must have had one of the entertainment section/tweet reader spivs write that one.

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