Seanad debates

Tuesday, 18 February 2003

Finance and Related Matters: Statements.

 

At the heart of the Government's difficulties was a fall of almost 3 per cent in tax revenues for the first three months of the year [2002]. Income tax receipts fell . against predicted growth . At the same time, current Government spending rose . It is clear from the precipitous drop in spending that projects have been put on hold across a range of Departments.

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