Wednesday July 8, 2020

Irish government deficit falls to 2.3% of GDP in 2015

The government generated record revenues of €20.5 billion in Q4

20th April, 2016
Acting Minister for Finance Michael Noonan outside government buildings earlier this month Pic: RollingNews.ie

Ireland's general government deficit fell by more than 30 per cent to €4.9 billion, or 2.3 per cent of GDP, last year, mainly due to an increase of more than seven per cent in government revenue, the Central Statistics Office said.

Last year's outturn was an improvement on the previous year when the deficit stood at €7.2 billion, or 3.8 per cent, of GDP and a significant improvement on 2010 when it stood at 32.3 per cent...

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