An Exchequer surplus of €139 million was recorded to end February 2019. This compares to a surplus of €217 million in the same period last year.
Tax revenues of €8,106 million were collected to end-February 2019, which represents a year on year increase of 3.7% or €293 million.
Total net voted expenditure to end-February 2019, at €7,957 million, was up €595 million or 8.1% in year-on-year terms but is 2.1% or €168 million below profile.
Combined receipts from non-tax revenue and capital receipts of €1,360 million were up 29.4% or €309 million year-on-year.
Non-voted expenditure of €1,372 million was up year-on-year by 6.6% or €85 million. This increase was driven by a greater EU contribution due to both Ireland’s increased share of EU obligations and the timing of funds called up by the Commission.
Fiscal Monitor Incorporating the Exchequer Statement February 2019