Govt. spent €6 billion more than it received, up to the end of May.
An increase in tax revenue is behind a slight improvement in the exchequer deficit.
Up to the end of May this year, the government spent just over 6 billion euro more than it received, compared to over 6 point 1 billion euro for the same period last year.
VAT receipts were strong at 2.3 billion euro, which is 250 million euro more than expected.
Income tax continued to be robust in May, according to the Department of Finance.
Corporation tax receipts of 2.4 billion was 120 million euro more than expected, but was down 200 million on the same time last year.
Spending of 33 billion euro is 4 per cent lower than forecast and that is being attributed to the closure of construction sites.
Latest exchequer returns point to strong pick-up in tax revenue for Government https://t.co/YIrsEV3R9r via @IrishTimesBiz
— Irish Times Business (@IrishTimesBiz) June 2, 2021
Kildare Among Worst-Hit Counties As Teacher Shortages Hit Special And Disadvantaged Schools
Focus Ireland Founder Sr Stan Dies Aged 86
Pearse Doherty Claims Government Misled Homeowners On LPT Hikes As Deadline Nears
Minister Announces Nationwide IPAS Security Review Following Drogheda Fire
Man Arrested After Suspected Gun Incident On M4 Near Kilcock - Garda Cars Damaged
Man In His 30s Dies After Being Struck By Bus On N7 At Kill
Loved Ones To Say Final Farewell To Ryan Weir Gibbons On Friday As Funeral Details Announced
Kildare Animal Welfare Group Condemns Dog’s Death After Suspected Firework Attack In Meath
