A Cheann Comhairle, táimid ag teacht i dtír le fada ar na buntáistí a bhaineann le geilleagar beag oscailte sofheagrúil a bheith againn. Cé go bhfónann sin go maith dúinn mar thír, ní mór dúinn aghaidh a thabhairt ar an timpeallacht eacnamaíoch agus pholaitiúil atá ag titim amach níos faide i gcéin.
Tá uair na cinniúna buailte le hÉirinn.
Beidh tionchar ag an mbealach a roghnaímid le hinfheistíocht a dhéanamh inár gcuid gnóthaí eacnamaíocha inniu, mar aon leis an gcaoi a dhéanaimid na gnóthaí eacnamaíocha sin a phleanáil agus a bhainistiú, ar an tír seo go ceann na deicheanna de bhlianta.
A Ceann Comhairle, for a long time we have traded on our advantages as a small, open, agile economy. While this continues to serve us well as a country, we must take every opportunity to strengthen the foundations of our economy and our society.
Ireland stands at a crossroads.
How we choose to invest, plan and manage our economic affairs today, will shape our country’s future.
Budget 2026, the first in this Government’s term, represents an opportunity for a renewed economic and fiscal approach – an approach that places the long-term development of our country at its heart, and that strives to deliver better outcomes for all.
To improve people’s lives, we need to ensure that the decisions we make today are grounded in the best interests of our nation. Our vision is to create a thriving country, where enterprise can flourish, and people feel valued regardless of background, ethnicity, sexuality or gender.
This is our opportunity – to be a caring country defined by stability, tolerance and progress, for those who were born here and those who have chosen to make Ireland their home.
We must challenge the voices who try to use diversity to divide us. Instead, we will continue to celebrate the differences that elevate our cultural identity and our national heritage.
This is the flag we must fly, moving forward together.
In the face of many threats over recent years, our economy and our people have been remarkably resilient.
While there are challenges that we have yet to overcome, it is important to acknowledge that Ireland is a successful country.
We have a strong economy with over 2.8 million people in employment.
We have high living standards, long life expectancy, excellent educational outcomes, and a progressive system of social supports that work to ensure the most vulnerable are protected.
We must safeguard what we have worked so hard to build while striving to become more competitive, protect jobs and create new ones, invest in building more homes and excel as a country that is open for business, open for investment and open for opportunity.
Leagann Buiséad an lae inniu bunsraith síos do na blianta atá amach romhainn.
Tapóimis an deis anois tógáil ar an mbunsraith sin ar mhaithe le todhchaí rathúil a chinntiu do mhuintir na hÉireann.
Today’s budget lays the foundations for our future.
It shifts the focus from isolated departmental or sectoral needs to our country’s broader strategic priorities, considering the trade-offs and choices we’ll face along the way.
Reforming how we spend public money must be a priority. This is a key focus, for me as Minister and for this government.
It has been central in my discussions with all Ministers through 2025 and in settling departmental allocations for 2026.
This Government has taken the decision to moderate spending increases, provide more targeted and permanent measures, making the best use of the resources that are available to us.
We are doing this to secure the long-term sustainability of our public finances.
The Programme for Government is clear in its ambition to secure our country’s future, and today’s budget is an important milestone on this journey.
While we cannot do everything in a single budget, the allocations I am setting out today will deliver permanent impacts that make a positive difference to people’s lives while also investing, at record levels, in our future.
Budget 2026 is built on three priorities.
First, we will ramp up investment in vital infrastructure, which will boost productivity, protect jobs and support long-term growth.
Second, we will make targeted improvements to public services, making sure that they are reliable, accessible and efficient.
Third, as alluded to by Minister Donohoe, we will strengthen our economic foundations, so we are better prepared to weather future uncertainties.
To support delivery of these priorities, I am allocating €116.8 billion in 2026, an €8.1 billion increase on this year’s allocation. An additional €6.1 billion will be allocated as current expenditure, with the budget for capital projects increasing by €2 billion.
The current expenditure package will provide:
Overall, this will support an increase of 12,500 staff to deliver services directly to the public, including:
I will also be setting aside €1 billion in a contingency reserve to be held centrally. This will allow us to respond to exceptional in-year expenditure pressures in 2026 and will fund elements of the costs related to Ireland’s hosting of the EU Presidency.
One hundred years ago this year, a fledgling State showed ambition and action.
At that time, Ireland faced a very different set of challenges – a young State with scarce resources, emerging from war and conflict.
And yet the State had the courage to commit 20 per cent of its National Budget to build Ardnacrusha, one of the most ambitious engineering projects in the world at the time.
In the way Ardnacrusha transformed the State then, we are again at the beginning of an infrastructure revolution that will require bold ambition.
We must embrace this opportunity, with the belief and confidence that we can shape the destiny of the next generation. This is our duty to the children born here today.
We must confront, head on, the systems and mindsets that have made delivery so difficult.
Without change, we will see critical shortages of power and water within a few short years.
Congestion on transport networks will grow.
Our ability to deliver more homes will be impacted, as will opportunities for investment and job creation.
To address our country’s infrastructure deficit, we must be prepared to radically overhaul how we deliver public projects.
Next month, I will publish a detailed action plan to tackle these barriers to delivery. This will include plans to:
Alongside these reforms, I have provided record levels of funding through the recent National Development Plan, the largest capital investment plan in the history of the State.
Through this plan, government will provide €275 billion over the period to 2035, prioritising funding for water, energy and transport, the building blocks to deliver more homes.
In 2026, I will allocate €19.1 billion for capital investment, an increase of €2 billion on 2025. This will provide funding to progress:
Details of specific projects to be delivered in 2026 will be announced shortly with sectoral investment plans for the next five years to be published by departments in the coming weeks.
It is critical that we deliver these investments. The urgency with which we need to make progress can so clearly be seen when we look at housing.
A Ceann Comhairle, this government's absolute priority is to strengthen the foundations for housing delivery and build more homes for our people.
In 2026, I am allocating a total of €11.3 billion in funding to the Department of Housing, Local Government and Heritage.
Almost €2 billion of this current funding will continue to meet the social housing needs of over 100,000 households, through the Housing Assistance, Rental Accommodation and Social Housing Current Expenditure Schemes.
Within this, I am allocating €7.2 billion in capital funding, the largest ever such allocation for housing. This will include:
These measures, in addition to the tax changes announced by Minister Donohoe, will make a difference to the delivery of housing in our country.
But to build these homes, we need to provide the critical building blocks of water and energy.
In the National Development Plan, I committed to providing €12.2 billion in capital funding to expand our water and wastewater services.
Following through on this commitment, in 2026, I am providing €1.4 billion to Uisce Éireann to continue to build essential capacity to support new housing developments and to increase the resilience and sustainability of water supply.
This will help to further progress development of waste treatment plants across the country.
I am providing €3.5 billion to ESB and EirGrid to strengthen our energy security and accelerate our transition to renewable energy.
Building on this, I am allocating €1.1 billion to the Department of Climate, Energy and the Environment in 2026. This includes:
Just as our investment in energy lays the foundation for a sustainable future, our approach to transport must ensure that this future is accessible to all.
Our country’s progress is driven by connectivity.
Modern, efficient and effective transport systems unlock the full potential of our towns, cities and communities.
Today I am announcing a €4.7 billion allocation for the Department of Transport for 2026.
This includes €940 million for our Public Transport Public Service Obligation to support our public transport network, connecting communities and people’s access to education, work and leisure.
We will also continue:
We will also continue to invest in aviation and maritime connectivity and to provide a world class search and rescue service, through the Irish Coast Guard.
Additionally, as outlined in the National Development Plan this year, €2 billion from the Infrastructure, Climate and Nature Fund is being allocated to progress MetroLink.
Planning for this transformational project has been approved – now it’s time to deliver.
As our infrastructure brings us closer together as a country, our public services bind us as a society.
The strength of our public services and what we choose to prioritise is a statement about what we value as a people.
Ireland has a social welfare system that protects the most vulnerable, an education system that consistently delivers talent and a health service that contributes significantly to improved health for our people.
This progress has been delivered through consistent investment and targeted decision making across many years and has raised the standards and expectations for what can be delivered.
While it is important to acknowledge what works well, we must continue to focus on improving our systems of social support.
This Government cares about our people and has designed a progressive Budget that delivers permanent and targeted social welfare measures that will shield the most vulnerable against cost of living rises.
Ceann Comhairle, I am pleased to be able to provide for a Christmas Bonus for 1.5 million recipients of long-term social welfare schemes this year. This will be paid at a rate of 100% of the normal weekly payment and will provide much needed support to families over the seasonal period.
Next year, I am allocating €28.9 billion to the Department of Social Protection, an increase of over €2 billion.
This allocation allows me to provide an increase of €10 per week for a person receiving a weekly social protection payment. This will benefit 1.5 million recipients, including pensioners, people with disabilities, carers, jobseekers and lone parents.
To support people with disabilities and carers, I am:
In the Programme for Government, we have committed to lift more children out of poverty.
Guided by a new child poverty target of no more than 3% of children living in consistent poverty by 2030, a multi-year programme of supports begins today. I am happy to announce a €300 million package of supports for children and families.
As part of this, I am increasing the weekly rates of the Child Support Payment by €8 for children under 12 and by €16 for children over 12 – the largest ever increase in the rate.
This will bring the weekly payment to €58 for children under 12 and €78 for those over 12.
I am also increasing the Working Family Payment income thresholds by €60 per week for all families.
I am also extending the back-to-school clothing and footwear payment to two- and three-year-olds.
To support those at risk of energy poverty, I am:
Alongside these new measures, the 2026 allocation for the department will provide for:
In addition to this substantial social welfare package, the State will also deliver one of the most significant reforms in our history through the introduction of pension auto enrolment from January 1st 2026.
“My Future Fund” is designed to support workers who are not currently part of any pension plan. Over time, it is expected to benefit around 750,000 people, securing a higher income in retirement for workers.
These measures ensure that we improve the lives of our people, through sustained investment and better public services.
One of the most essential services provided by the State is our public health service, which safeguards the well-being of individuals, families and communities across our country.
2026 will see total funding of €27.4 billion going to the Department of Health. This record level of investment will deliver:
The value of this record level of health investment needs to be fully realised with a focus on productivity, efficiency and better financial governance. These changes will create the basis to establish a more multi-annual structure of funding for health.
Accordingly, this year’s significant funding allocation will be accompanied by a programme of progressive reform in our health services.
These reforms include:
Another area of investment relating to health is disability.
The Programme for Government commits to advancing the rights and improving the lives of people with disabilities.
To progress these priorities, I am allocating over €3.8 billion to the Department of Children, Disability and Equality for disability services in 2026.
This includes funding for Community Based Specialist Disability Services to ensure people with disabilities receive the right support, at the right time, in the right place.
It will provide permanent and predictable funding, and deliver tangible impacts for people with disabilities.
To drive reform, a dedicated unit has been established in the department to lead a full review of Ireland’s disability service model. This unit will work hand-in-hand with disabled people, their families, and representative organisations to shape a long-term vision for services to 2030.
Just as we are strengthening support for people with disabilities, we are equally committed to delivering systems that support and protect our young children.
To make progress in this area, I am increasing funding for Early Years by €125 million in 2026, bringing total investment in Early Learning and Childcare to €1.5 billion. This will fund:
The Building Blocks infrastructure programme will fund extensions of existing community centres and schools to deliver approximately 2,300 additional childcare places.
Investment in our child welfare services is a key priority for Government. This year €1.3 billion is being provided to Tusla to provide for foster care, family support services and additional residential care placements.
Ireland has one of the strongest education systems in the world, with some of the highest-ranking PISA scores for literacy.
The Programme for Government sets out concrete commitments to further support our young people. To begin to deliver on this, the Department of Education and Youth will receive a total €13.1 billion in 2026.
This allocation will provide for:
Additional funding for young people through youth services is being provided, with an increased focus on capital investment.
I am also announcing an increase in the standard capitation rates paid to all schools. This will include, on a per pupil basis:
In addition to this, the Department’s €1.6 billion capital allocation for 2026 will progress delivery of over three hundred school building projects with the majority of these expected to be completed in 2026 and 2027.
Within this, there will be a strong focus on delivering additional capacity for approximately 2,800 places for special classes and special schools and the first tranche of projects under a Climate Action Summer Works Scheme.
It is important to remember that learning doesn’t end with childhood – it can be a life-long journey for us all.
The Department of Further and Higher Education, Research, Innovation and Science continues to foster adult learning, and the development of the skills needed to support our workforce and enterprise sector.
In 2026, the department will receive an allocation of almost €5 billion. €4.1 billion of current expenditure will allow for:
An €810 million capital allocation will fund key infrastructure projects, including:
By nurturing talent, we can strengthen our nation's competitiveness on the global stage, ensuring that a thriving enterprise sector is at the heart of our economic resilience.
A Ceann Comhairle, this Government is committed to supporting our businesses.
I am allocating €1.3 billion to the Department of Enterprise, Tourism and Employment in 2026. This will fund:
€233 million is also being provided under the Tourism Services programme reflecting Government’s recognition of tourism as a vital driver of regional development and employment.
This range of supports will enable us to fully capture strategic opportunities and enhance our position as a trading economy on the world stage.
We must also cement Ireland’s diplomatic place on the world stage.
As we witness the horror of the ongoing genocide taking place in Gaza, we must recommit our State to continue to use all our considerable diplomatic resources to support peace in our world.
To support the Department Foreign Affairs and Trade to do this in 2026, I am allocating €1.3 billion. This will:
Provision has been made in the overall Budget ceiling for the requirements of the Presidency of the Council of the European Union. Specific funding allocations will be made available in due course.
As we enhance our role internationally, it is also important to consider our largest indigenous export industry, the agri-food sector.
At the heart of towns and villages across Ireland, agriculture and food production is a cornerstone of our economy.
To continue to support this vital sector, I am allocating €2.3 billion to the Department of Agriculture, Food and the Marine.
Government is committed to continuing to support our fishing communities and aquaculture sector. €7.4 million increased funding is bring provided to Bord Iascaigh Mhara programmes, to support and enable a sustainable Irish seafood sector.
Another area where Ireland thrives in the global arena is in our culture and sport.
For a small country, Ireland offers an extraordinary wealth of talent and entertainment. Our artists, writers and athletes are now leading the way on the world stage, while our media keep us connected to each other and to global stories as they unfold.
To build on the progress we have made, the Department of Culture, Communications and Sport will receive an allocation of €1.5 billion in 2026.
This provides for a €10.7 million increase in current expenditure for Sport Ireland, €3 million of which will support the establishment of League of Ireland football academies.
Ireland has a proud footballing history – at both domestic and international level. However, despite the enthusiasm for the game here, our youth development structures have not kept pace with other countries.
In addition, rules changes following Brexit mean more young Irish players are staying in our domestic system for longer.
This presents us with a responsibility – but also an enormous opportunity – to nurture our brightest young talents here at home and provide them with the best environment to fulfil their potential.
The investment I am announcing here today is the start of a multi-annual commitment from this Government to focus on grassroots and build a new era for football in our country.
I am also allocating an additional €1.6 million to support our intercounty Gaelic games players, and funding to the Irish Rugby Football Union to strengthen high performance pathways for women in rugby.
The success and achievements of our sporting heroes inspire in us all a pride and collective ambition to be better. When our sports men and women succeed, our nation rises.
The same can be said of our artists. Throughout our history, our arts community and the world class talent it boasts has ensured Ireland has always been a home for creativity.
In recognition of the essential role of the arts and artists in our society, the previous government introduced a pilot basic income for the arts scheme and this government is now committing to deliver a successor Scheme to begin next year.
In addition to this, I am allocating €84.9 million for Arts and Culture in 2026 to provide for increased funding for major projects such as the Crawford Art Gallery.
I am also allocating €433 million to support the completion of the National Broadband Plan, while €5 million in additional funding will strengthen the Post Office Network to enhance its role at the very heart of rural and community life.
The 2026 allocation of €357 million to Broadcasting will include provision for:
Celebrating our culture means celebrating the people living in the towns, villages and communities throughout the island.
This government is committed to supporting vibrant, inclusive and sustainable communities throughout Ireland where people can live, work and connect.
We will continue to support the Shared Island initiative, doubling resources by a further €1 billion out to 2035. In 2026 this will deliver:
There will be programmes to:
This important work will allow us to continue to develop consensus around a shared future on our Island.
This Government is committed to supporting vibrant, inclusive and sustainable communities throughout Ireland where people can live, work and connect.
Today, I am allocating €611 million to the Department of Rural and Community Development and the Gaeltacht. This funding will support a range of targeted initiatives:
I am allocating €192 million to Rural Development and Regional affairs in 2026. This includes an increase of €5 million for rural supports and the Rural Regeneration and Development fund.
An increase in current allocation of €9 million for community development supports brings the total allocation in 2026 to €260 million. This includes:
Tá sé ríthábhachtach go ndéafaimís na réigiúin Ghaeltachta a fhorbairt agus a chosaint, lena chinntiú go mbeidh na moil teanga agus chultúir seo ábalta fás agus forbairt.
Táim ag leithdháileadh céad caoga a naoi milliún euro don Ghaeltacht agus do na hOileáin, sin méadú tríocha sé milliún euro le haghaidh fiche fiche-sé.
San áireamh sa mhéadú sin beidh:
A Ceann Comhairle, everyone who lives in this country should feel safe in their homes and communities. With this in mind, I am announcing €6.17 billion for the Department of Justice, Home Affairs and Migration. This will fund a range of measures, including:
Further investment will support international protection processing to increase capacity as well as providing for the costs associated with International Protection and Temporary Protection Accommodation.
In the area of reform, the Courts Service will continue its modernisation programme, implementating and rolling-out eProbate and a range of other measures to significantly reduce processing timelines and improve the service to the public.
Targeted investment through the Probation Service and Youth Justice schemes will help to divert young people away from crime, tackle recidivism and will reduce the need for detention where appropriate.
In addition, work will continue to free up Garda members to spend less time on administration and more time on the frontline and in our communities, in addition to a focus on developing the Garda Reserve.
Ireland is committed to safeguarding our national security, while contributing to international peace and stability.
To support these goals, I am announcing €1.49 billion in funding for the Department of Defence for 2026. This represents an 11 per cent increase and will provide for:
A range of non-pay measures including:
This investment will also enable progression of ongoing reforms arising from the Commission on the Defence Forces and the Independent Review Group’s recommendations.
I am also funding a range of infrastructure projects in 2026, including:
A Ceann Comhairle, the success of our State and its people over the last 100 years can be seen in our ability to adapt and thrive.
For all the challenges we have faced, we have persevered, we have always found a way.
Time and time again, we have turned uncertainty into opportunity, challenge into success.
Budget 2026 is our country’s collective step forward towards a fairer, better and more resilient future.
We know what our challenges are, and we must now grasp the opportunity to overcome them.
We must build the foundation for our future: homes, communities and a country connected by a clear vision of a bigger and brighter future, for ourselves and for our children.
Is é seo an bóthar ceart dár dtír agus dár ndaoine.
This is the right path for our country and our people.
I commend this Budget to the House.
ENDS