Ireland's deficit drops from €8.5 billion to €2.1 billion
Surge driven by a number of one-off transactions, Department of Finance said
Ireland’s exchequer deficit fell from €8.5 billion last year to €2.1 billion this year, new Department of Finance figures show.
The fall was driven by a surge in corporation tax receipts, thanks to a number of one-off transactions in recent months, the Department of Finance announced today.
Up to the end of October 2015, the government collected tax revenue of €35 billion, it announced, an annual increase of €3 billion, or 9.6 per ...