Invariant polynomials on truncated multicurrent algebras

We construct invariant polynomials on truncated multicurrent algebras, which are Lie algebras of the form $\mathfrak{g} \otimes_\mathbb{F} \mathbb{F}[t_1,\dotsc,t_\ell]/I$, where $\mathfrak{g}$ is a finite-dimensional Lie algebra over a field $\mathbb{F}$ of characteristic zero, and $I$ is a finite-codimensional ideal of $\mathbb{F}[t_1,\dotsc,t_\ell]$ generated by monomials. In particular, when $\mathfrak{g}$ is semisimple and $\mathbb{F}$ is algebraically closed, we construct a set of algebraically independent generators for the algebra of invariant polynomials. In addition, we describe a transversal slice to the space of regular orbits in $\mathfrak{g} \otimes_\mathbb{F} \mathbb{F}[t_1,\dotsc,t_\ell]/I$. As an application of our main result, we show that the center of the universal enveloping algebra of $\mathfrak{g} \otimes_\mathbb{F} \mathbb{F}[t_1,\dotsc,t_\ell]/I$ acts trivially on all irreducible finite-dimensional representations provided $I$ has codimension at least two.