Budget 2023 is to be announced in September as the Government aims to introduce measures to tackle the cost of living crisis.
Among these new measures under consideration is a double child allowance payment for December, an energy credit, a boost to social welfare payments and the introduction of a new tax bracket.
Up to €1 billion is expected to be allocated as part of the Government's "Cost of Living Budget", which is separate from the €6.7 billion already allocated to Budget 2023.
