Taoiseach accepts need to 'rein in spending' following Central Bank's warning

Micheál Martin added that the impression that opposition politicians give is that the Government is 'spending very little' in the upcoming budget

Micheál Martin said that the Central Bank also remarked on the resilience of the Irish economy, adding that there must be increased investment in infrastructure. File Picture: Damien Eagers

The Taoiseach has accepted that the Government will have to “rein in spending” amid warnings that the Budget 2026 package is too large.

However, Micheál Martin said the commentary from the Central Bank provides “realism” amid suggestions from the opposition that the Government is not doing enough to address cost-of-living concerns.