Saturday September 19, 2020

Exchequer deficit improves, tax revenues ahead of target

Exchequer returns from the Department of Finance show that the Government deficit stood at €5.18 billion at the end of July — an improvement of about €800 million on the figure which was predicted in the budget.

5th August, 2014
Cumulative tax revenues were nearly €550 million — 2.5% ahead of target

Exchequer returns from the Department of Finance show that the Government deficit stood at €5.18 billion at the end of July — an improvement of about €800 million on the figure which was predicted in the budget.

The improved figures were the result of increased tax receipts and reduced spending on interest payments, the Department said.

Total tax revenue collected to the end of July was about €22.37 billion — a 6.4 per cent increase...

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