Chambers warns ministers as spending pressures build ahead of budget

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Minister for Finance says ministers will will have to prioritise in new post-Covid, post-inflationary crisis period

03.07.2024. . Photo shows: Minister for Public Expenditure and the National Development Plan Delivery and Reform Paschal Donohoe TD and Minister for Finance Jack Chambers TD at a press conference on the publication of the End Q2 2024 Exchequer Returns. Photo: Sam Boal/Collins Photos

The latest exchequer data showed the Government collected €44.7 billion in tax in the six months to the end of June, €3.8 billion or 9 per cent up on the same period last year, placing it in a strong financial position in advance of the budget. The exchequer figures indicated total gross voted expenditure in the first half of the year amounted to €47.1 billion, €5.2 billion or 12.4 per cent above the same period in 2023 and €1.5 billion or 3.3 per cent above what had been expected.

 

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