LONDON (Reuters) - Ireland expects to beat its budget deficit targets this year and next on the back of tax takes which will probably significantly exceed expectations, Finance Minister Michael Noonan said on Friday.

"We built our budget on the expectation that we wouldn't absolutely achieve our tax estimates for the year for 2013, but it's quite clear now that (we) are going to significantly exceed them," Noonan said in a speech in London.

The country's budget deficit will come in below the 7.5 percent forecast with the number likely to come in at "seven-ish," he said.

"We put a deficit target for 2014 of 4.8 (percent of GDP) ... we're going to beat that as well," Noonan said.

(Reporting by Laura Noonan, writing by Conor Humphries; editing by Patrick Graham)


Publishing Services International Limited (PSIL) is the publisher and operator of a worldwide network of online news sites dedicated to delivering fair, accurate and relevant reporting from a variety of the world’s most trusted sources – from the biggest cities to the smallest towns.

We deliver positive and powerful messages to our readers, providing up‑to‑the‑second news that matters to the individual.

Our promise is to serve communities and individuals worldwide, delivering information that hasn’t always been available to them. We will give them back a voice – a voice that’s empowering because it is theirs – and provide a platform to communicate between themselves and the world.

We believe people are not just generic demographics; they are individuals with their own preferences and curiosities. We are about understanding these individuals, listening to them, and serving them.

We are the new pioneering spirit of news – we’re not talking to everyone, we’re talking with every one.

If you want your news, your voice, your way, on your time – we’ve got news for you.




If you have any questions or concerns please email us on


  • Australia, Toll Free 1-800-983-421
  • Hong Kong, Toll Free 800-906-187
  • Singapore, Toll Free 800-852-3871
  • USA/Canada, Toll Free 1-800-830-4132

Advertise With Us

Interested in being awesome?
Contact us by email or phone.