Irish budget day measures worth 11 billion euros

Article content

DUBLIN — Ireland on Tuesday announced a budget package of 6.9 billion euros of permanent spending increases and tax cuts, along with 4.1 billion in one-off measures to help consumers with an inflation shock, Finance Minister Paschal Donohoe said.

As one of the few European Union countries set to deliver a budget surplus this year – in Ireland’s case due to surging corporate tax receipts – the government will be able to spend more next year while keeping the public finances in the black. (Reporting by Padraic Halpin and Conor Humphries; Editing by Alex Richardson)

Source link

Comments are closed.