Budget

On 7 October, Ireland’s Minister for Finance, Jack Chambers TD, will present Budget 2026.

This year’s budget presents itself as a fiscal plan that could set the tone for the country’s economic direction in the years ahead.

With a proposed €9.4bn in new spending, Budget 2026 is expected to deliver a combination of support for households and businesses, while also sparking a debate around inflation risks and long-term sustainability.

Ireland’s economy is in a strong position, but not without vulnerabilities. Over-reliance on corporate tax receipts from US multinationals raises questions about fiscal reliance, especially in the face of global policy shifts.

Budget 2026 offers a chance to look beyond short-term stimulus and focus on strategic investment – particularly in infrastructure, innovation and employment. These measures could aid Ireland in maintaining its competitive edge and prepare for future challenges such as demographic change and global economic uncertainty.

As the announcement approaches, we’ll be unpacking the key themes, potential impacts, and what it all means for individuals, businesses and investors.

Budget 2026: pre-budget insights

Economic outlook

Budget 2026: Ireland’s economy sound, but government must spend and invest carefully

With Ireland's economic growth near 4% y/y and healthy public finances, the government has room to invest in key areas. But heavy reliance on US multinationals and signs of the economy nearing capacity pose risks.

A large fiscal stimulus could overheat the economy and fuel inflation. Instead, targeted investment in infrastructure and innovation can support long-term competitiveness without adding inflationary pressure. Further contributions to sovereign wealth funds will also help Ireland prepare for future challenges like demographic shifts and global uncertainty.

Pre-budget 2026 insight: economic outlook

Foreign direct investment

Budget 2026: strengthening Ireland’s position as a global FDI hub

Ireland has long benefited from foreign direct investment, especially from U.S. tech and pharma giants. Budget 2026 offers a strategic opportunity to reinforce Ireland’s appeal to global investors while addressing vulnerabilities tied to reliance on a narrow base of multinationals.

Global tax reforms, shifting trade policies, and rising tariffs highlight the need for diversification and resilience. While growing the indigenous sector remains a priority, Ireland must also continue attracting high-quality, long-term FDI.

Striking this balance is vital to sustaining growth and job creation in an increasingly competitive global landscape.

Pre-budget 2026 insight: FDI and corporate tax