Government deficit down to 5.6% at end of first quarter

The Government deficit fell to 5.6% at the end of the first quarter, according to the Central Statistics Office.

The general government deficit was €2,432m in the first quarter of 2014 representing 5.6% of quarterly GDP.

In the corresponding quarter of 2013, the deficit had amounted to €3,326 million or 7.9% of quarterly GDP, said the CSO.