Written answers
Tuesday, 8 July 2025
Department of Finance
Summer Economic Statement
Eoin Hayes (Dublin Bay South, Social Democrats)
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321. To ask the Minister for Finance the date his Department plans to publish the summer economic statement; the way in which it plans to account for any proximate announcements regarding EU-US tariffs in its published estimates; and if he will make a statement on the matter. [37111/25]
Paschal Donohoe (Dublin Central, Fine Gael)
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The Summer Economic Statement (SES) is the next staging post in the budgetary cycle. It is the intention of the Government to publish the SES later this month. The SES will incorporate all available information including the latest developments in the global trade environment.
In this evolving and challenging global environment, we must focus on policy areas where we can exert influence.
From a fiscal perspective, we need to continue to calibrate budgetary policies that recognise the changed external backdrop. In this vein, we must continue to build up our fiscal buffers including through transfers to the Future Ireland Fund and the Infrastructure Climate and Nature Fund.
It is also crucial that we continue to enhance the competitiveness of the economy – through investment in infrastructure such as housing, sewerage, water, and skills and innovation.
Indeed, these investments will be critical to ensuring that Ireland remains an attractive place to live, work and invest – not just today, but over the long term.
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