Exchequer figures - Cowen looks set to delay his largesse

IRELAND’S economic performance could hardly be rosier, judging by yesterday’s buoyant Exchequer figures showing the Government coffers are €2.5 billion better off than even the most optimistic forecast.

Reaffirming Finance Minister Brian Cowen’s up-beat Estimates, which effectively gave an overview of the past year and the year ahead, revenues are pouring in.

With VAT, stamp duty and income tax the main performers, Mr Cowen will have more than ample room for manoeuvre when he delivers the 2006 budget next week.