The Exchequer figures for August show that the government remains broadly on target to achieve exchequer targets.
However, tax revenue trends have weakened and spending remains above target. If this continues, it threatens to make meeting the 2013 Budget even more difficult than it would otherwise be and to endanger the plan to stabilse Ireland's debt ratio.
Looking at the first eight months, taxes are still 1.7 per cent ahead of the Budget target. Income tax,...
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