Budget 2026: Minister for Finance, Paschal Donohoe and (seated) Minister for Public Expenditure Jack Chambers during the budget speeches on Tuesday afternoon. Photograph Nick Bradshaw / The Irish Times

The Government’s underlying budget deficit, which excludes windfall taxes, is expected to balloon to almost €14 billion next year, according to the Department of Finance’s latest projections.

In its annual economic and fiscal outlook, published alongside Budget 2026, the department forecasts the Gover

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