Ministers' memo will warn against giveaway budget

Finance Minister Paschal Donohoe: Level of borrowing must reduce.

The Finance and Public Expenditure Ministers will on Wednesday send a shot across the bow of ministers as Budget 2022 discussions ramp up.

A joint memo from Paschal Donohoe and Michael McGrath will reaffirm the Government's commitment to the figures set out in the Summer Economic Statement for this year's Budget.