Budget of Drumagh

Tax, spending, and the annual surplus or deficit they produce.

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Under an IMF programme IMF

Budget policy is locked under IMF conditions until the country's debt recovers. In return, debt is serviced at a discounted 5.0% a year.

Balanced budgets

Every proposed budget must run a surplus — no structural deficit.

Tax floor

Every tax band must be at least 40%.

Progress out of the programme Debt / GDP 614.7% · recovery line 100%

The programme ends once debt / GDP falls to 100% and stays there.

− − =

National debt decreases by $55.1bn a year ($4.6bn a month)

Earning band	Tax rate	Avg for peers	Tax take
Personal income tax: Low earners	49%	15.7%	$16.6bn
Personal income tax: Medium earners	55%	21.8%	$83.3bn
Personal income tax: High earners	61%	34.3%	$131.8bn
Personal income tax: Elite earners	61%	40.6%	$25.7bn
Total			$257.3bn
Decision income: Digital services levy			$5.9bn
Total after exceptional items			$263.2bn

Category	$ per capita		% of budget		Our Country budget
Category	Our Country	Peers	Our Country	Peers	Our Country budget
Category	% of budget	Budget
Social Welfare	$385	$1,045	7.3%	8.5%	$3.0bn
Retirement	$385	$1,952	7.3%	16.7%	$3.0bn
Healthcare	$449	$2,389	8.5%	19.4%	$3.5bn
Education	$1,282	$1,652	24.3%	13.7%	$10.0bn
Housing	$321	$606	6.1%	5.5%	$2.5bn
Justice, Police & Internal Security	$385	$682	7.3%	7.5%	$3.0bn
Defence	$282	$835	5.3%	7.9%	$2.2bn
Environment & Climate	$0	$242	0.0%	2.0%	$0.0bn
Business Support	$1,090	$592	20.6%	5.6%	$8.5bn
Arts, Culture & Media	$64	$258	1.2%	2.1%	$0.5bn
Foreign Aid	$0	$70	0.0%	0.8%	$0.0bn
Roads & Highways	$229	$386	4.3%	3.6%	$1.8bn
Public Transport & Rail	$183	$309	3.5%	2.9%	$1.4bn
Energy Infrastructure	$137	$234	2.6%	2.2%	$1.1bn
Ports & Airports	$92	$157	1.7%	1.5%	$0.7bn
Total Budgeted Spending			100.0%		$41.2bn
Budget as a % of tax take					16.0%
Decision expenditure: National AI programme		Decision expenditure: National AI programme				$30.7bn
Total after exceptional items		Total after exceptional items				$71.9bn

How tax, interest, and borrowing feed spending categories — hover a bar for the annual figure.