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Exchequer's Deficit Reached €9.5 Billion In August

Pressure on the government's finances continues with the Covid-19 pandemic.

VAT receipts are down by over €2.5 billion on the same period last year.

The Department of Finance says it reflects the significant reduced personal consumer spending in the spring.

The government's total tax take is down 2.3 per cent or just over 800 million on last year.

Government spending was up almost a third on the same time last year, at 43.2 billion.

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