The Fiscal Monitor has been published as a single document since January 2017 and contains information concerning the Exchequer on the month in question. This includes the Analytical Statement as well as further Appendices setting out Voted Expenditure, Tax and Expenditure Analytical Statements, Tax Revenue Profiles and Cumulative Profiles of Exchequer Revenue and Expenditure for the current year.
The Fiscal Monitor covers the cash inflows and outflows of Central Government’s main treasury account, the Central Fund. Revenue items include tax receipts, non-tax revenues and capital receipts. Expenditure is composed of Departmental spending and non-voted expenditures such as debt servicing costs. The Fiscal Monitor is produced within two workings days of month end.
Fiscal Monitor – August 2018
- An Exchequer deficit of €1,818 million was recorded to end August 2018. This compares to a surplus of €1,818 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 decrease of €202 million. This decline in the Exchequer balance was primarily due to an increase in expenditure, albeit somewhat offset by increased tax revenue.