Public finances back on track in June - Exchequer returns
State records budget surplus of around €2.5 billion following AIB sell-off but tax receipts still 4 per cent better than expected
The government were handed a budgetary boost today as new figures reveal the public finances moved back into line in June.
The Department of Finance’s monthly Exchequer returns reveals the state recorded a budget surplus of almost €2.5 billion at the end of June, compared with a deficit of €1.14 billion at the midway point of 2016.
That number was flattered, however, by almost €3.6 billion of one-off gains, which was mostly related to...
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