Budget 2024
Future Ireland Fund: ‘This is not a rainy day fund – it’s a €100bn pot to pay for an ageing country’
Michael McGrath and the government is setting aside billions to deal with problems that are two decades away
The government is creating a new “not a rainy day fund” which it hopes will give it access to €100 billion worth of funding by 2035 to manage the costs of the country’s ageing population.
Michael McGrath, the Minister for Finance, announced details of the Future Ireland Fund – an investment vehicle which he said would help “meet the costs of running the state in the future”.
The fund, long called for by advisory groups ...
