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End February 2018 Fiscal Monitor

An Exchequer surplus of €217 million was recorded to end February 2018. This compares to a surplus of €587 million in the same period last year. The €370 million year-on-year reduction in the Exchequer balance was primarily due to an increase in current expenditure (both voted and non-voted expenditure), which was somewhat offset by increased tax revenue.

Fiscal Monitor February 2018
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