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National Budget Matching
Current expenditure for the government
Social welfare payments Wages to public sector workers Hospital running cost
Deficit Budget
Type of budget where planned total income is less then planned total expenditure
Debit servicing
Amount of money allocated in the budget to paying off part of Ireland's national debt
Balanced budget
Type of budget where planned total income is equal to planned total expenditure
Compulsory tax
Tax that has to be paid
Department Budget
Amount of money each department receives
Minister for Finance
Minister who prepares the National Budget
Surplus budget
Type of budget where planned total income is greater than planned total expenditure
Estimates
The amount of money each government minister decides they need to run their department
Capital
Long-term or once-off income or expenditure
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