Commenting on today’s Bond Sale of €750m by the NTMA, the Minister for Finance, Michael Noonan T.D. said:
“Not only did the bond sale today successfully raise €750m, but also we saw about a 0.3% decrease in yield compared to a comparable auction in January 2016.”
- Revenue and Expenditure results for Quarter 1 are generally in line with expectations
- Tax Revenues are up 1.1% on profile and up 6.4% on a year on year comparison while Gross Voted Expenditure is down 0.1% on profile and down 0.3% on a year 0n year basis.
- Revised forecasts will be available as part of the Stability Programme Update.
Increased Mortgage protections for Irish consumers brought in by Minister for Finance
- From Monday 21st March 2016 taxpayers who want to appeal tax assessments by the Revenue Commissioners can make their application to the Tax Appeals Commission. Appeals by taxpayers will now be easier and more efficient to make.
- In a scheduled review, the ratings agency DBRS has upgraded Ireland’s sovereign rating to ‘A high’ - an improvement of one notch on the DBRS scale.
10.03.16Minister for Finance welcomes CSO data indicating that Ireland had the fastest-growing economy in the EU in 2015
- Ireland’s GDP grew by 7.8 per cent in 2015 - This is the strongest annual GDP growth rate since 2000 and by far the strongest growth rate in the EU.
- Employment numbers have risen by 44,100 (2.3%) annually in the fourth quarter marking the 13th successive quarter of annual employment growth.
- Employment levels are now at their highest since the first quarter of 2009 with just under 2 million people now in work.
Commenting on Todays Exchequer Returns
Minister For Finance Michael Noonan said: