Statements on finances under scrutiny

FINANCE Minister Charlie McCreevy was accused of misrepresenting the state of the nation’s finances before the general election.

Figures from the Department of Finance show there will be a 500 million euro shortfall in tax revenue this year and economic growth will be slower than expected while inflation will be higher than predicted.

In light of these figures, the honesty of the Government over the state of the economy was questioned by Fine Gael.