Buoyant economy paves way for giveaway Budget
The pre-Budget White Paper on the State’s finances for 2004, published early this morning, shows for the third year in a row, revenues far exceed projections.
The Department of Finance yesterday predicted that, by the end of the year, the Exchequer deficit will be around €850 million, a whopping €2 billion better than the €2.9bn borrowing it predicted the State would require this year.