Government will have €800m extra for Budget 2019

The government will have around €800m for extra spending or tax cuts in the budget.

The summer economic statement says the overall budget package will be worth €3.4bn.

Finance Minister Paschal Donohoe has warned they will not be able to meet all the expectations that come with the current strength of the economy.

Minister Donohoe said they will be trying not to add fuel to the fire that would overheat state finances.

He said: With risks to the global economy growing, we have to prioritise how we can rebuild budgetary buffers.

"We will continue to frame budgetary policy on the basis what is right for the economy in order to deliver continued and steady improvements in Irish employment and living standards."


More in this Section

Health committee chief to back no confidence vote in Simon Harris

McDonald calls for ‘compassionate’ approach to the past

Robinson says sustainable goals should be part of education curriculum

Minister sings verse from musical film Bedknobs And Broomsticks to sum up Stormont talks


Lifestyle

Want to have a whale of a time? IWDG bringing Iceland expedition stories to libraries

Mature students should start on grant applications

Rosamund Pike’s battle to portray war reporter Marie Colvin

Other side of Gaza: Irish film-makers highlight ordinary lives in the besieged territory

More From The Irish Examiner