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End November Exchequer Statement

Welcoming today’s (3 December 2013) exchequer returns, the Minister for Finance, Michael Noonan T.D. stated:

The November exchequer returns, which include tax receipts from the self-employed, small businesses and corporations, are the single most important month for the exchequer, with one sixth of all taxes collected. The returns are a key indicator of the health of the Irish economy. The strong performance set out in today’s figures is hard evidence that the recovery seen in the high frequency data is taking hold across the economy.

As we exit the EU/IMF bailout programme on the 15th of December and make a full return to the markets, the fact that the public finance are under control and the tax base is growing builds confidence in Ireland at home and abroad.