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Ireland plans to cut public spending as inflation drops, avoiding a cost-of-living aid package.
Finance Minister Paschal Donohoe says Ireland needs to reduce public spending as inflation drops to 1.7%, despite food prices rising nearly 5%.
The upcoming €9.4 billion budget on October 7 will not include a cost of living package.
Instead, the government will phase out one-off supports and focus on permanent, targeted measures.
They aim to announce a new spending rule to avoid major giveaways and address challenges like ageing demographics and de-carbonisation.
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Irlanda planea recortar el gasto público a medida que disminuye la inflación, evitando un paquete de ayuda al costo de vida.