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End August Fiscal Monitor

An Exchequer deficit of €1,818 million was recorded to end August 2018. This compares to a surplus of €1,818 million in the same period last year. When adjusted for the impact of the AIB share sale in 2017, the Exchequer balance shows an underlying annual decrease of €202 million. This decline in the Exchequer balance was primarily due to an increase in expenditure, albeit somewhat offset by increased tax revenue.

Fiscal Monitor August 2018
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