Tánaiste says Govt looking at Budget business supports

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Tánaiste says Govt looking at Budget business supports
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The Government is to help people with the cost of living challenge 'on a significant scale' in the upcoming Budget.

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Tánaiste Leo Varadkar has said Government is working on a Budget 2023 package for business in an effort to help with increasing energy costs.

Minister Donohoe said that the economy is currently in a"challenging and uncertain period", after facing a"series of shocks" in recent years due to Brexit, Covid-19 and the war on Ukraine. He said that Budget 2023 will focus on this, with"further interventions" aimed at helping people with this. However, the Minister for Finance warned that this was an"extremely unreliable" source of revenue, which is concentrated in a small number of firms.He confirmed a total budget package of €6.7 billion and a set of one off measures for this year.

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