The changes include an increase in the weekly rate of most social welfare payments by €12.
The government has also announced a number of other measures to help people with the cost of living, including a €1,000 cost-of-living payment for those on lower incomes, a €200 electricity credit for all households, and a reduction in the VAT rate on gas and electricity from 13.5% to 9%.
These measures will provide some much-needed help to those who are struggling to make ends meet. The government has said that it will continue to monitor the situation and take further action if necessary.