Fiscal Monitor December 2018

An Exchequer surplus of €106 million was recorded for 2018. This compares to a surplus of €1,906 million in 2017. When adjusted for the impact of the (€3,434) AIB share sale in 2017, the Exchequer balance shows an underlying annual increase of €1,633 million. This improvement in the Exchequer balance was primarily due to increases in tax and non-tax revenue, albeit somewhat offset by increases in expenditure.

Fiscal Monitor December 2018