There was a deficit in the public finances of €1.1 billion at the end of April. This compares to a deficit of €7.6 billion in April 2021.
According to the latest Exchequer figures from the Department of Finance, the improvement in the public finances means that on a rolling 12-month basis, the deficit has been reduced to €800 million.
Gross revenue is up 16% or €4.2 billion to €29.9 billion in the first four months of this year compared to the same period last year.
Tax revenue is up by €5 billion or 31% to €21.1 billion compared to the same period in 2021. Total expenditure was down €2.4 billion to €31 billion.