• Today’s budget was framed against the backdrop of a sharp rise in inflation over the past twelve months....
• The Government had been promising over the summer that today’s budget would contain a package of measures to alleviate some of the pressure on those households and businesses hardest hit by the surge in inflation ....
• Of course the budget also provides for the usual broad array of increased spending across Government departments. In total, voted core government spending will rise by €5 billion or 6.3% in 2023 
• Key public sector debt ratios are in marked decline once again. The gross government debt to GDP ratio is projected to fall to 45% this year, while the more relevant National Debt to GNI* ratio is put at 73%. ...
• The Irish economy has rebounded very strongly from the COVID-19 crisis...
• A primary driver of the very strong growth in the economy has been high levels of foreign direct investment
• Buoyant FDI is resulting in very strong growth in exports, employment, investment and tax revenues.
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