Coalition Leaders Approve €6.4 Billion Budget After Late-Night Talks

The Coalition is expected to agree on a budget package worth €6.4bn, with a tax package worth €1.15bn.
Core expenditure will rise by €5.25bn in 2024, giving an overall budget package of €6.4 billion.
The Summer Economic Statement sets out the parameters for Budget 2024, and discussions have been ongoing for five weeks.
The extra spending is justified by the size of the economy and aims to balance investment in public services with avoiding inflationary pressures.
Minister for Finance Michael McGrath is expected to use the Summer Economic Statement (SES) to warn about the risk of the economy overheating.