Monday, 19 September 2011

State Spendng Down

State spending fell by almost 10% last year compared with 2009.

The 2010 annual report of the Comptroller and Auditor General shows that €53.8bn was paid out of the public coffers last year.

€725m was used to buy banking shares while the amount being spent to service the national debt increased by just under €1bn or 37%

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