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Expansionary Irish 2026 budget to target investment and infrastructure
Budget 2026 offers targeted increases including a €10 rise in State pension and unemployment benefit, permanent €500 college fee cut, and VAT reduction for restaurants.
- On October 7th, Finance Minister Paschal Donohoe and Public Expenditure Minister Jack Chambers unveiled Budget 2026, which leaves personal tax bands unchanged and favors targeted supports over one-off payments.
- Following warnings from fiscal watchdogs, the Government chose restraint after last year’s €2.2 billion package, focusing on moderating expenditure and prioritising infrastructure .
- Ministers outlined several targeted measures, including a €10 increase in the State pension and unemployment benefit, a permanent €500 cut to college fees to €2,500, and a VAT rate for restaurants dropping from 13.5% to 9%.
- Consumers will see a 50c increase per cigarette pack, raising the average pack price to €13.5, while Help to Buy remains capped at €30,000 and renters keep a tax credit up to €1,000.
- Headline allocations indicate that the overall package 9.4 billion, with 7.9 billion for spending measures and 1.5 billion for tax cuts, while delaying VAT reduces personal tax space.
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Evening StandardReposted by 
perspectivemedia.com
perspectivemedia.comIrish Government increases spending and scales back planned tax measures
Ministers pledged to ‘secure jobs and stability at a time of global challenge’.
·London, United Kingdom
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Expansionary Irish 2026 budget to target investment and infrastructure
Ireland will focus on cutting business taxes, incentivising foreign investment and improving stretched public services and infrastructure when it taps some of the healthiest public finances in Europe on Tuesday for its next expansionary budget.
·United Kingdom
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Coverage Details
Total News Sources12
Leaning Left5Leaning Right1Center4Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 40%
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