Thursday, July 18, 2013

Government debt rises by ?11m in first quarter

The Irish Government Debt rose by over ?11bn in the first quarter.

New figures released by the Central Statistics Office this morning show the Gross Debt now stands at ?204bn - compared to ?192bn in the fourth quarter of 2012.

They also show the Government deficit is ?360m higher than it was at the same point last year. It now stands at ?5.38bn.

The CSO said that is because of interest expenditure - as well as payments linked to liquidation of the former Anglo Irish Bank.

Source: http://feeds.breakingnews.ie/~r/bnireland/~3/XOm4enRNxBw/government-debt-rises-by-11m-in-first-quarter-600934.html

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