The government remains confident of meeting its 8.6 per cent deficit target after exchequer returns showed tax revenues were 3.1 per cent ahead of target at the mid point in the year.
Tax revenues in the period to end-June, at €17,014 million, are €507 million (3.1 per cent) ahead of profile and an estimated 8.3 per cent ahead of the same period in 2011 on an underlying basis, the latest figures from the Department of Finance showed....
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