The Irish government on Friday pledged to limit increases in current spending to an average of 6% per year over the next four years after failing to keep to an earlier plan to limit spending growth to 5%.
The pledge is part of the government’s Medium-Term Fiscal and Structural Plan, which it is due to present later on Friday, a finance ministry spokesperson said.
The government introduced a rule in 2021 to cap increases of combined current and capital spending at 5% a year, but has broken it every year since.
Current spending, which includes public sector wages and social welfare, increased by an average of 8.5 per cent per year between 2019 and 2024, according to official figures.