The Taoiseach's promised this year's budget is going to be "A Cost of Living Budget".
Micheál Martin has ruled out introducing any new measures to curb spiralling costs ahead of Budget Day in October.
Speculation around a cut to motor tax, a social welfare bonus and a fuel allowance extension have all been put to a halt by the Taoiseach today, who says no new measures will be brought in before October's budget.
Though unpopular, economist Stephen Kinsella explains its reasoning:
"He doesn't know two things, the impact the summer will have on the cost of living, and he doesn't know exactly where the pain will hit."
Meanwhile, the Government are holding discussions with stakeholders today, to hear their input on Budget 2023.
Social Justice Ireland's Suzanne Rogers says an increase in social welfare needs to be at the top of their agenda
"Just to stand still they'll need €17. In order to make any dent in poverty rates, it would need to be increased again.
"We're asking for a €20 a week increase."
The Public Expenditure Minister added pay cannot be the only tool used to offset inflation and reiterated that resources are limited.
