Protection of living standards is priority in upcoming budget, says Irish Finance Minister

Protection of living standards is priority in upcoming budget, says Irish Finance Minister

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Interactive Video

Business, Social Studies

University

Hard

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The video discusses the upcoming budget planning for 2024, highlighting the economic challenges such as inflation and monetary policy tightening. It emphasizes the need for careful budgetary decisions due to the windfall nature of corporation tax receipts. Key priorities include housing, protecting living standards, investing in public services, and addressing future demographic and climate-related costs. The government aims to balance support for society and the economy without exacerbating inflation. Achievements in housing and economic surpluses are noted, with a focus on continued careful decision-making.

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