End May 2018 Fiscal Monitor
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From: Department of Finance; Department of Public Expenditure, NDP Delivery and Reform
- Published on: 4 June 2018
- Last updated on: 5 December 2018
An Exchequer deficit of €24 million was recorded to end May 2018. This compares to a surplus of €383 million in the same period last year. The €407 million year-on-year decrease in the Exchequer balance was primarily due to an increase in expenditure (both voted and non-voted), which was somewhat offset by increased tax revenue.