Government reports €156.2 million deficit – NSO

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