Ireland's Budget to Fund Pensions, Climate Action and Cost of Living While Building Wealth Fund from Corporate Taxes

Ireland to detail in Tuesday's budget how it will use its healthy finances to fund pensions, climate action, and cost of living measures.

Budget surpluses due to a surge in corporate taxes paid by foreign firms. Government to invest in a sovereign wealth fund to cover age-related costs.

Setting up a 14 billion euro infrastructure and climate fund to help meet emissions targets.

Ministers to press ahead with plans to cut income tax and increase recurring spending by 6.4 billion euros in 2023.

Providing one-off financial supports totaling 2.4 billion euros on top of tax cuts, welfare increases, and other cost of living help.