We are all aware the VAT rate for the hospitality sector is scheduled to increase from 9% to 13.5% on 1 March, which is pretty much four weeks from today. In light of last year's exceptional Exchequer returns, an additional surplus of €5.2 billion, and something similar being expected for this year, there are many positive soundings in the media that this 9% rate might perhaps be maintained. What is the Taoiseach's view of maintaining that 9% rate? When are we likely to get a definitive decision in order that businesses and customers can plan accordingly?

No decisions have been made on that yet. We hope to make a decision no later than the middle of February in order that people get advance notice. I take the Deputy's point that we are probably heading for a budget surplus again this year. We had a budget surplus of €5 billion last year but we should never forget that we also have a debt of €250 billion. It is not a debt we have to pay back but is one we have to service every year. As interest rates rise, that will become more expensive.