Michael McGrath has ruled out an election before this year’s budget. 

Results for Sinn Féin in last week’s elections were described as 'disappointing' by Mary Lou McDonald and both Fianna Fáil and Fine Gael were pleased with the performance of their candidates.

The result has been increased speculation that an election could be held later this year - rather than waiting until 2025. 

However, Finance Minister Michael McGrath said it would not be wise to hold a poll before the October budget. 

“Were you to have an election towards the back end of this year in the absence of having a budget in place, it could take many months to form a Government,” he said. 

“Economic stability and political stability are inextricably intertwined. 

“I think we will have a budget, it will be legislated for and implemented before we go to the people.” 

Tánaiste Micheál Martin campaigning in Skerries. 30/05/2024. Image: Newstalk

Tánaiste Micheál Martin has been similarly cool towards the idea of an early vote, insisting he and Simon Harris  “want to go the full distance”.

“The focus is on doing what’s right by the people,” he said.

“A stable coherent Government that doesn't allow party self-interest to come in the way. 

“The public will see through any attempted manoeuvres based on just trying to suit a political party or two. 

“We need to focus on the key issues.” 

If not election is held this year, then one must take place in early 2025.

Main image: Finance Minister Michael McGrath with Minister for Public Expenditure Paschal Donohoe. Image: Sasko Lazarov/RollingNews