Exchequer deficit stands at €7.1bn

State coffers are €7.1bn in the red as Government books are opened again for International Monetary Fund inspectors.

Mon, 04 Apr, 2011 - 18:33

State coffers are €7.1bn in the red as Government books are opened again for International Monetary Fund inspectors.

Finance Minister Michael Noonan warned the tax take would have to be closely watched as VAT and income tax appeared weak.

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