Exchequer reports €4.7bn deficit as government spending of €41bn outpaces revenue

Total Government revenue at the end of April amounted to €36.5bn, down by more than 5% on an annual basis

Tanaiste and Finance Minister Simon Harris speaking to the media at the Department of Finance in Dublin. 

The Irish exchequer reported a deficit at the end of April of €4.7bn, fuelled by growing expenditure which outpaced government revenue. 

New figures released by the Department of Finance show that when revenues arising from the Court of Justice of the European Union (CJEU) ruling of 2024 are excluded, a decline of €4.2bn was recorded in the underlying Exchequer balance.