The new €8.3bn Budget allocates €1.4bn to tax cuts and €6.9bn to various new spending initiatives, aiming to positively impact voters ahead of elections.
In a bid to enhance social welfare, the coalition announced a €12 increase in weekly payments and introduction of additional beds in health services.
Tax changes include a 6% stamp duty on properties over €1.5 million, increased cigarette prices by €1, and an increase in vape costs.
The coalition's budget also eliminates the Motor Insolvency Compensation Fund levy and expands free public transportation for children aged 5 to 8 years.
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