Exchequer figures for April show the Government had to borrow €1.22bn to balance its finances for the first four months of the year.
This was €120m below the deficit recorded during the same period last year.
The figures also show evidence of continued buoyancy in the economy, particularly in the area of consumer spending.
They further indicate that the total tax take so far this year is up 11.5% on the same period last year.
