The Irish government says it will deliver a tax and spending package worth an additional €6.4bn (£5.5bn) in its autumn budget
The Irish government says it will deliver a tax and spending package worth an additional €6.4bn in its autumn budgetThe country's finance minister said the budget would try to protect people from the impacts of inflationThe Irish government has said it will deliver a tax and spending package worth an additional €6.4bn in October's budget.That will mean core public spending increasing by 6.1% in 2024, breaking the government's rule that it should increase by no more than 5% annually.
The tax measures will be focused on increasing income tax thresholds to avoid what is known as "fiscal drag". The budget will also include an additional €2.25bn for infrastructure spending drawn from "windfall" tax receipts.
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