Irish Exchequer deficit at end-October 2010 was €14.4bn
Nov 2nd, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Irish Exchequer deficit, at end-October 2010 was €14.4bn compared to €22.7bn at end-October 2009. The overall Exchequer position for the first ten months of the year means that the December 2009 Budget Day targets remain valid. The €8.3bn year-on-year decrease in the Exchequer deficit is largely due to payments of €3bn to the National Pensions Reserve Fund (NPRF) and €4bn to Anglo Irish Bank, which were made in the first ten months of 2009.