Budget 2025 will give modest benefits for an average household, but it will not significantly reduce overall poverty levels, as per an analysis by the Economic and Social Research Institute (ESRI). According to ESRI research, the untargeted cost-of-living measures like energy credits and double child benefit payments could have been better utilised. ESRI estimates that … Read more
In a move to strengthen Ireland’s global presence, the government has announced a significant increase in foreign aid spending for 2025. Tánaiste and Minister for Foreign Affairs, Micheál Martin, revealed that the Irish Aid budget will rise to €810 million, marking a 4.5% increase from the previous year. This boost in funding will support various … Read more
Ireland’s Finance Minister Jack Chambers Tuesday unveiled a €10.5 billion budget for 2025, including a €2.2 billion cost of living package in a bid to support low and middle-income earners. Here are the key highlights of Chambers’ budget speech presented in Dáil Éireann: Income Tax — Chambers has raised the income tax standard rate threshold … Read more
Tánaiste Micheál Martin has confirmed that an energy credit, set to be announced in Budget 2025, will be paid to households before the end of the year, RTE reported. With Budget 2025 just two weeks away, discussions are continuing on its final details, with Martin expected to meet with other Government party leaders to further … Read more
In a move to woo voters ahead of the upcoming elections, the government has unveiled a pre-election budget packed with benefits and changes. Workers can look forward to tax cuts, while pensioners will see an increase in their payments. Families are also set to benefit from a double child benefit payment, offering some financial relief. … Read more
Finance Minister Jack Chambers has announced that Budget 2025 will be presented on Tuesday, October 1, one week earlier than usual. Speaking on RTÉ’s Morning Ireland, Chambers explained that this date aligns with the necessary budgetary and fiscal frameworks required by October 15. He emphasized that the early date does not signal an impending general … Read more