Government signs off on Budget figures

The government has confirmed it will seek €2bn of tax hikes and spending cuts in the next Budget.

Government signs off on Budget figures

The government has confirmed it will seek €2bn of tax hikes and spending cuts in the next Budget.

It has published an update on the Irish economy to be sent to the EU, which includes €1.3bn in spending cuts and €700m in tax hikes.

The document comes only days after the ESRI suggested the government could meet its EU targets without any new taxes at all.

However, the door is left open for the government to change its mind, saying the final decision will be made closer to Budget day.

The opposition has said the new document marks a u-turn from the government, which had previously discussed the prospect of cutting taxes on middle-income families.

more courts articles

Man appears in court charged with false imprisonment of woman in van Man appears in court charged with false imprisonment of woman in van
Man in court over alleged false imprisonment of woman Man in court over alleged false imprisonment of woman
Coronation Street actor William Roache (91) given three months to settle tax debt Coronation Street actor William Roache (91) given three months to settle tax debt

More in this section

Government examining payments to carers after referendum defeat Government examining payments to carers after referendum defeat
Drug death in Cork Prison could be linked to nitazene opiate Drug death in Cork Prison could be linked to nitazene opiate
Four people hospitalised following suspected arson at West Dublin home  Four people hospitalised following suspected arson at West Dublin home 
War_map
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited