The Finance Minister is set to announce a 3 billion euro boost to infrastructure spending in the budget.
This funding injection, will be largely sourced from the State’s sale of shares in AIB.
It is aimed at addressing critical infrastructure gaps, with a particular emphasis on affordable housing, alongside key investments in water and energy services.
A significant portion of the €3 billion is expected to be directed toward increasing the availability of affordable housing.
In addition to housing, Ireland’s water services have faced growing scrutiny in recent years.
There has been calls for more investment in both urban and rural water systems
The investment in energy infrastructure comes as the country faces ongoing challenges in transitioning to renewable energy sources.
The €3 billion package is expected to have widespread impacts, creating jobs and driving investment across multiple sectors, while also helping to meet climate goals and bolster essential services.