An Exchequer deficit of €1.1 billion was recorded in end-April 2022. This compares with a deficit of €7.6 billion in the same period last year. The €6.5 billion improvements in the Exchequer balance was driven by strong growth in tax revenue, with tax receipts of €21.1 billion to end-April, up €5 billion (over 30 percent) … Read more
The Minister for Finance, Paschal Donohoe TD, announced a further extension of the Bank of Ireland’s (the “Company”) share trading plan. The plan has been very successful to date and this decision will enable the Department of Finance to continue to deliver on the Government’s objective of returning the banks to private ownership. Proceeds generated … Read more
Minister for Finance Paschal Donohoe and Minister for Public Expenditure and Reform Michael McGrath announced the Exchequer returns and expenditure for the first quarter of 2022. An Exchequer surplus of €0.2 billion was recorded in end-March 2022; this compares with a deficit of €4.2 billion in the same period last year. The €4.3 billion improvements … Read more