April Exchequer returns

[kerrynorth]

The bastards even changed the format of the pdf document title to prevent cute hoors like myself having an early view.

KN - can you ressurect the 2009 thread that we had for the previous months.

Just type in 2009 Public finances in search and it should come up.

[smitchy2]

Anyone want to try and explain why the Agri budget is up 47% on last year??
Pork???

It is also interesting we are continuing to borrow money to put into the National Pension Reserve Fund!!! €396m in 4 months.

[kerrynorth]

Anyone want to try and explain why the Agri budget is up 47% on last year??
Pork???

The grant for farm improvements to meet the requirements of the nitrates directive, costing circa €500million - multiples of what was estimated.

[Middleaged]

The latest figures from the Department of Finance show that there was an Exchequer deficit of €7.3 billion for the first four months of this year. This compares with a deficit of €3.7 billion in the same period a year earlier.

Total tax receipts are down almost 24% from a year earlier at just over €10 billion. The Government said earlier this year it was expected a drop of 16% in tax revenue for the whole of 2009
RTÉ Business: Tax take down 24% for four months

surprise surprise government figures were wrong again 8% difference when it comes to that amount of money is serious have they got mystic meg predicting the figures ?

I'm not going to defend this government but, equating 16% full year, and 24% for first 4 months, is a little unfair, given that most tax revenue won't accrue until the latter half of the year.

This month alone is the start.