FX.co ★ Ireland’s Exchequer Balance Swings Deeper into Deficit in April

Ireland’s public finances deteriorated sharply in April 2026, with Exchequer Returns showing a deficit of €4.7 billion, compared with a much smaller shortfall of €0.2 billion in March 2026. The latest data, updated on 6 May 2026, indicate a pronounced month-on-month weakening in the Exchequer position.

The shift from a €0.2 billion deficit in March to €4.7 billion in April underscores a significant change in the State’s cash position over the period. While the figures confirm a deeper deficit, no additional details were provided on the underlying drivers, such as revenue trends or expenditure changes. Investors and analysts will be watching subsequent releases closely to assess whether April’s deterioration reflects one-off factors or signals a more persistent fiscal strain.