Budget 2024 has introduced savings fund to 'protect the future for young people today' says Tánaiste 

Micheál Martin said the introduction of the savings fund will help "protect the future for young people today, the 20-year-olds and 30-year-olds today, not in decades ahead, but in the decade ahead." 

The Tánaiste has said that the most important legacy from Budget 2024 was the "far-seeing measure" of the introduction of a savings fund. 

Budget 2024, which was announced on Tuesday, has targetted the "squeezed middle" by introducing a raft of cost-of-living measures including three €150 universal energy credits, substantial investment in childcare, the expansion of the free schoolbooks scheme, income tax reductions and a crackdown on cigarettes.