State budget deficit hits €1.79bn according to latest Treasury report

The Treasury has announced that the state budget deficit for 2025 reached €1.79 billion, according to its official fiscal report released this week.

The fiscal report for 2025 serves as a comprehensive review of the state budget for the previous financial year, outlining both projected and actual revenues and expenditures.

The report compares the budgeted revenues and spending with the amounts actually collected and spent during the year, taking into account supplementary budgets and any transfers of appropriations.