Ministers are expected to express concerns regarding the sustainability of the country's economic model in the forthcoming Summer Economic Statement. A warning will be issued today as the government prepares to indicate a shift in budgetary strategy, aiming for increased permanent spending on infrastructure and essential services. Finance Minister Paschal Donohoe is anticipated to detail the funding levels that will be available for Budget 2026, highlighting the importance of sustainable economic choices in response to current challenges.
Ministers will indicate a more cautious approach in the upcoming Summer Economic Statement, reflecting concerns about the sustainability of the country’s economic model. The shift in budgetary strategy aims to focus on permanent spending rather than cyclical expenditures.
Finance Minister Paschal Donohoe is expected to lay out funding levels for Budget 2026, emphasizing infrastructure and essential services as key priorities in the governmental strategy.
#economic-policy #budget-strategy #infrastructure-spending #national-development-plan #ministerial-statements
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