Dáil Éireann Debate, Tuesday - 8 April 2014
161. Deputy Bernard J. Durkan asked the Minister for Finance the extent to which the quarterly Exchequer returns are in accord with expectations with particular reference to the post-bailout environment; and if he will make a statement on the matter. [16793/14]
Amharc ar fhreagraThe end-March 2014 Exchequer returns and associated information is available on my Department's website on the following link:
http://www.finance.gov.ie/what-we-do/public-finances/exchequer-returns/exchequer-returns
Overall, the tax performance for the first quarter of the year is broadly in line with expectations, with tax revenues coming in at €257 million which equates to a 2.9% excess against profile.
In relation to expenditure, net voted expenditure was €261 million or 2.5% below profile and is on target and in line with expectations.
Although, this is a solid start to 2014, we have to continue to reduce our level of spending and increase the amount of revenue collected in order to close that gap further and ensure public finance sustainability.
