First Quarter of 2019 shows solid revenue growth and expenditure in line with expectations
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Last updated on
Published on
Last updated on
End of Q1 2019 shows strong annual tax performance and spending being managed within expectations.
Speaking about the Exchequer figures today (Tuesday) Minister for Finance and Public Expenditure & Reform, Paschal Donohoe TD, stated:
“All tax heads are performing well, reflecting the economy which is growing on a broad and sustainable basis. Expenditure is being managed within expectations and is up in year-on-year terms. This provides the resources to fund our public services and the investment to enhance our growth potential and address key infrastructural bottlenecks, with gross expenditure for the quarter up 6.6% year-on-year. These first quarter figures represent a good start to the year and provide a platform to help achieve our annual fiscal targets. However, potential challenges, including Brexit exist, so this Government will continue its careful stewardship of the public finances.”
ENDS
Contact:
Claire Godkin, Press Officer, Department of Public Expenditure and Reform – 085 806 3969
Aidan Murphy, Press Officer, Department of Finance – 085 886 6667