Coalition party leaders discuss final Budget details

October 10, 2023

The Coalition party leaders met until the early hours of this morning to finalise most of the details of tomorrow’s Budget.

Some items remain outstanding, however, and there may be further meetings today

Ahead of the meeting, Taoiseach Leo Varadkar said the issues that still needed agreement included tax measures, supports for small businesses and the health and social welfare budgets.

Tánaiste Micheál Martin said the fundamental focus was on protecting people from the impact of the cost of living increases.

However, the cost of living package is expected to be smaller than last year’s €4 billion in once off measures.

Social welfare increases to core payments could be above the €12 previously flagged.

There will also be mortgage interest relief delivered through the tax system.

Some of the corporation tax receipts will be funnelled into two new funds.

One will focus on infrastructure while the other will provide for pensions and other future liabilities.

Article Source: Coalition party leaders discuss final Budget details – Sandra Hurley – RTE

Copyright and Related Rights Act, 2000

Related News

ECB not expected to cut interest rates any further today

ECB not expected to cut interest rates any further today

The Governing Council of the European Central Bank (ECB) is expected to leave interest rates unchanged when it meets later today. The likely pause follows the decision to cut rates by 0.25% at the last meeting of the bank’s chiefs in June, the first reduction since...

EU new car sales rise 4.3% in June

EU new car sales rise 4.3% in June

New car sales in the European Union rose 4.3% in June to their highest since July 2019, driven by an uptick in major markets Italy, Germany, and Spain, while registrations of battery electric cars fell marginally, data from Europe’s auto industry body showed today....