The Government used above-expectations corporation tax receipts to pay for a €1 billion overrun in its health budget last year. The latest exchequer returns, published by the Department of Finance, show the economy generated a “general government surplus” of €7.8 billion in 2023. This was €1 billion less than the Government forecast in October’s budget. Officials confirmed the updated figure reflected additional spending primarily on health in the final part of 2023.
Minister for Health Stephen Donnelly said late last year he was seeking additional net funding for health of €964 million above his original allocation