Fiscal Monitor October 2018
02 November 2018
An Exchequer deficit of €2,694 million was recorded to end October 2018. This compares to a surplus of €326 million in the same period last year. When adjusted for the impact of the AIB share sale in 2017, the Exchequer balance shows an underlying annual increase of €414 million.
Tax revenues of €42,163 million were collected to end-October 2018, an annual increase of 6.8% or €2,693 million on end-October 2017. This was slightly ahead of profile, up 1.4% or €594 million.
Overall, total net voted expenditure to end-October 2018, at €40,142 million, was 0.4% or €168 million below profile, and up €3,376 million or 9.2% in year-on-year terms.