Exchequer finances in healthy shape

The exchequer finances are entering 2006 in a strong position, according to final figures for last year to be published on Wednesday.

31st December, 2005

The exchequer finances are entering 2006 in a strong position, according to final figures for last year to be published on Wednesday. The latest estimates from the Department of Finance, made at budget time, were for exchequer borrowing of €825 million last year, but strong revenues and underspending in some areas mean that the outturn will be significantly better.

Presenting the National Treasury Management Agency annual results for 2005, chief executive Dr Michael Somers said that...

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