By the end of June 2019, Government’s Consolidated Fund reported a deficit of €156.2 million, the NSO said today.
During the fi rst half of 2019, recurrent revenue rose by €266.2 million and amounted to €2,164.5 million. This represented a 14.0 per cent increase from the €1,898.3 million reported in revenue during the corresponding period in 2018. The primary reason for the increase was a €90.9 million rise in Income Tax.
Total expenditure by the end of June 2019 stood at €2,320.7 million, a 13.7 per cent increase from the corresponding period in 2018.
Via NSO
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