The 2020 Irish budget was the
Irish Government
The Government of Ireland ( ga, Rialtas na hÉireann) is the cabinet that exercises executive authority in Ireland.
The Constitution of Ireland vests executive authority in a government which is headed by the , the head of government. The governm ...
Budget
A budget is a calculation play, usually but not always financial, for a defined period, often one year or a month. A budget may include anticipated sales volumes and revenues, resource quantities including time, costs and expenses, environmenta ...
for the 2020
fiscal year
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many ...
was presented to
Dáil Éireann
Dáil Éireann ( , ; ) is the lower house, and principal chamber, of the Oireachtas (Irish legislature), which also includes the President of Ireland and Seanad Éireann (the upper house).Article 15.1.2º of the Constitution of Ireland read ...
on 8 October 2019 by
Minister for Finance
A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation.
A finance minister's portfolio has a large variety of names around the world, such as "treasury", ...
Paschal Donohoe
Paschal Donohoe (born 19 September 1974) is an Irish Fine Gael politician who has served as Minister for Public Expenditure and Reform since December 2022 and President of the Eurogroup since July 2020. He has been a Teachta Dála (TD) for the ...
, his third as Minister for Finance.
Summary
Brexit
*A
Brexit
Brexit (; a portmanteau of "British exit") was the withdrawal of the United Kingdom (UK) from the European Union (EU) at 23:00 GMT on 31 January 2020 (00:00 1 February 2020 CET).The UK also left the European Atomic Energy Community (EAEC or ...
package of €1.2 billion was announced. In the event of a no-deal the following measures will be deployed,
*€220 million will be deployed immediately.
*€650 million for agriculture, enterprise and tourism sectors to assist the regions and populations most affected.
*€85 million for beef farmers and €6 million for other livestock farmers and the mushroom sectors.
*€14 million for the fishing industry.
*€5 million for the food and drinks processing industry.
*€365 million for extra social protection expenditure benefit.
*€45 million to assist people to transition to new work.
Other
*
Carbon tax is up €6 to €26 per tonne
*Health spending is up €1 billion to €17.4 billion. Free GP care for children under eight and free dental care for children under six from September.
*€11 billion will be provided to the Department of Education in 2020.
*Christmas bonus to all social welfare recipients in 2019.
*€80 million for housing assistance payment.
*50 cent increase on a packet of 20 cigarettes from midnight
*€1.5 billion will be transferred to the Government's rainy day fund
References
External links
2020 Irish budgetat ''Irish Independent''
{{DEFAULTSORT:Irish Budget, 2020
2019 in Irish politics
Budget
A budget is a calculation play, usually but not always financial, for a defined period, often one year or a month. A budget may include anticipated sales volumes and revenues, resource quantities including time, costs and expenses, environmenta ...
2020 government budgets
2020 in Irish politics
Budget
A budget is a calculation play, usually but not always financial, for a defined period, often one year or a month. A budget may include anticipated sales volumes and revenues, resource quantities including time, costs and expenses, environmenta ...
32nd Dáil
19
October 2020 events in Ireland