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Minister says there could be a ‘modest change’ in bringing forward Budget

The Budget is normally held on the second Tuesday of October, but it is understood it could be brought forward to the end of September.

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Minister for Public Expenditure and Reform Michael McGrath (Niall Carson/PA)

Minister for Public Expenditure and Reform Michael McGrath (Niall Carson/PA)

Minister for Public Expenditure and Reform Michael McGrath (Niall Carson/PA)

The Minister for Public Expenditure has said it is possible there will be a “modest change” in bringing the Budget forward.

Michael McGrath said the Government is examining whether it is possible to bring forward the date of the Budget and a decision will be made by Cabinet next week.

He said it is being worked through and the process of moving the Budget date is “very much under way”.

The Budget is normally held on the second Tuesday of October, but it is understood it could be brought forward to the end of September.

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Michael McGrath said the Government is examining whether it is possible to bring forward the date of the Budget and a decision will be made by Cabinet next week (Brian Lawless/PA)

Michael McGrath said the Government is examining whether it is possible to bring forward the date of the Budget and a decision will be made by Cabinet next week (Brian Lawless/PA)

Michael McGrath said the Government is examining whether it is possible to bring forward the date of the Budget and a decision will be made by Cabinet next week (Brian Lawless/PA)

“No decision has been made by Government yet to change that date and the issue is under consideration, but I would say this, there is limited scope to change that because the process of putting together a Budget is a lengthy and complex process,” Mr McGrath told RTE Morning Ireland.

“We are working through that at the moment and the process is very much under way.

“So Government will make a final decision and I anticipate that will happen next week.

“We are very conscious of the genuine cost-of-living pressures that people are under and we have said that there will be a need in the autumn for a set of one-off measures to help people in the best way that we can.

“So if it is possible to bring it forward by a short period of time, within the limits, then we are examining that issue at the moment, but no decision has been made, and any change would be modest in nature in terms of date.

It is possible that there will be a modest change in terms of bringing it forwardMichael McGrath

“I don’t think it will be fair to speculate on any particular date when no decision has been made.

“It is possible that there will be a modest change in terms of bringing it forward. But that’s not definite until Government makes a decision and they expect that will happen next week.”

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Mr McGrath said the measures to be announced as part of the Budget package will be targeted at those most impacted by the cost-of-living crisis.

He said it will involve one-off measures, adding they will be substantial in scale.

While he refused to give details on some of the proposed budgetary measures, he did not rule out including an electricity grant of 200 euro.

“I would like to just set out three broad priorities. One is those who are genuinely the most vulnerable, they will need the most help at this time,” Mr McGrath said.

“But people who are working, working families will also need help because they too are feeling real pressure at this time.

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The Government said that budgetary measures will be targeted at those most vulnerable to the cost-of-living crisis (David Jones/PA)

The Government said that budgetary measures will be targeted at those most vulnerable to the cost-of-living crisis (David Jones/PA)

The Government said that budgetary measures will be targeted at those most vulnerable to the cost-of-living crisis (David Jones/PA)

“They will want to see us as a Government move to reduce costs in areas like childcare, transport, health, and to reduce the tax burden that they face as well.

“I think the third key priority is public services. The relationship between the state and the citizen works on the basis that all citizens pay some tax to the Government, even if they’re not working, and in return they expect the state to deliver good services, access to housing, access to healthcare, good disability services, home care services.”

He said the summer economic statement will be brought to Government on Monday, which will set out the resources available for the Budget.

It comes as Fianna Fail members are to hold a special party meeting on Friday to discuss the Budget and measures to address the cost of living.

“It is a very good opportunity for myself and the other Fianna Fail ministers and our Taoiseach to listen to our colleagues across the parliamentary party,” the minister added.

“This will be a policy-focused discussion with an emphasis on the Budget as you would expect, and I believe that there will be a number of key priorities emerging from that meeting that are very much in line with my own views, the views of the Taoiseach and indeed the Government.”


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