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Thu 04 Apr 2003First-quarter returns show Exchequer deficit of €205m
The public finances are coming under significant pressure from sustained weakness in income tax, corporation tax and excise duties, according to official figures published yesterday, writes Una McCaffrey
The first-quarter Exchequer returns show that while the State's finances are performing broadly in line with Government targets for 2003, they have so far been supported by unexpectedly high receipts from VAT and stamp duty.
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