Exchequer deficit declines but tax take falls short of expectations

THE Department of Finance has reported a year-on-year decline in the exchequer deficit and a 2.2% increased annualised tax take for the first two months of the year.

Latest Exchequer returns for January and February published yesterday, show a deficit of just under €1.95 billion for the period.

This was down from a deficit of just over €2.4bn for the same period last year.