Income tax revenues suffer sharp fall

The Irish Government tonight put a brave face on figures which showed both the exchequer surplus and income tax revenues down sharply for the first six months of the year.

Income tax revenues suffer sharp fall

The Irish Government tonight put a brave face on figures which showed both the exchequer surplus and income tax revenues down sharply for the first six months of the year.

Department of Finance figures showed an exchequer surplus of €507m in the first half of 2002 compared with €3.3bn from January to June last year. A surplus of €170m has been forecast for 2002 as a whole.

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