Irish Exchequer deficit at end-August 2010 was €12.1bn
Sep 2nd, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Irish Exchequer deficit at end-August 2010 was €12.1bn, according to the Department of Finance this afternoon. The Department said this compares to an Exchequer deficit of €18.7bn in the period to end-August 2009 and in overall terms, is generally in line with expectations and the Budget Day targets for 2010 remain valid. Tax revenues are just under €1.9bn or 9% below the corresponding period in 2009. Net voted expenditure is just under €1.8bn or 6% lower.