Finance Minister Michael McGrath stated that the focus of Budget 2025 should be on “permanent changes” rather than a “large series of one-off measures”.
However, these expectations were quickly quelled by Finance Minister Michael McGrath who stated that the focus should be on "permanent changes" rather than a "large series of one-off measures".
Despite speculation at the weekend that there may be an early Budget to allow for an early election, Minister McGrath stated that Budget 2025 will take place at the normal time, which is in the first two weeks of October. "Therefore I believe the cost of living must once again be a focus for Budget 2025, building on the cost-of-living measures in the previous two years.
Minister McGrath said that "of course, there will be measures in the Budget to support households with the cost of living" but stated that we "are in a different place when it comes to inflation" and "the emphasis should be on further measures and permanent changes to our expenditure and taxation framework rather than a large series of one-off measures."
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