Fianna Fáil ran €1m deficit, new records show

Fine Gael and Sinn Féin both ran a surplus, according to the new records released by SIPO for the year 2020

Fianna Fáil Ard Fheis: The party suffered cuts to income in its state funding having lost TDs in the 2020 election and in fundraising as the pandemic hit.

Fianna Fáil ran a deficit of €1m in 2020 as the largest-spending party in the state, new figures show.

Ethics watchdog the Standards in Public Office Commission (SIPO) has published its annual report on statements of accounts provided to it by political parties. They show that for the election year, Fianna Fáil spent €6.7m and had a deficit of just over €1m, despite cutting costs. The party had reported a deficit of over €700,000 for 2019.