This €851m dis-improvement is driven primarily by the base effect of €2,142m received by the exchequer in 2015 from the sale of PTSB shares.
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Excluding one off transactions the Exchequer shows an underlying improvement of €1,291m driven by increase in tax revenue.
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End Q2 2016 Tax Receipts of €22,523mpic.twitter.com/Rb1Xdprofz
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Tax revenues up 3.4% on profile and 9.2% year on year.pic.twitter.com/lEKoMVWRkN
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Gross voted expenditure on profile up 2.2% year on year. On target to achieve revised 2016 forecast of a general Govt deficit of 0.9% of GDP
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