Budget expected to replenish rainy day fund

Finance Minister Paschal Donohoe is expected to have a better idea of how much the State can afford to set aside once the August tax returns are available.

Ireland's rainy day fund is set to be replenished under proposals being worked on as part of next month's budget.

Ministers are eager not to spend all of this year's tax take and are examining a more "prudent" approach of setting money aside for the rainy day fund which was raided during the pandemic.