2020 Irish budget
| Presented | 8 October 2019 |
|---|---|
| Parliament | 32nd Dáil |
| Government | 31st Government of Ireland |
| Party | Fine Gael |
| Minister for Finance and Minister for Public Expenditure and Reform | Paschal Donohoe |
| Website | Budget 2020 |
|
‹ 2019 2021› | |
The 2020 Irish budget was the Irish Government Budget for the 2020 fiscal year was presented to Dáil Éireann on 8 October 2019 by Minister for Finance Paschal Donohoe, his third as Minister for Finance.[1][2]
Summary
[edit]Brexit
[edit]- A Brexit 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
[edit]- 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
[edit]- ^ "Budget 2020: Boost for families but pensioners miss out on €5 hike". Irish Independent. 7 October 2019. Retrieved 7 October 2019.
- ^ "Budget 2020: as it happened". The Journal. 8 October 2019. Retrieved 9 October 2019.
- ^ "Budget 2020 main points: Free GP care for under 8s, extra gardaí to be recruited". Irish Times. 9 October 2019. Retrieved 9 October 2019.
- ^ "Budget 2020: What measures take effect from today and what comes into effect next year?". The Journal. 9 October 2019. Retrieved 9 October 2019.
- ^ "€1.2bn package for possible no-deal Brexit at centre of Donohoe's Budget 2020". Irish Independent. 9 October 2019. Retrieved 9 October 2019.
- ^ "Budget 2020: The Key Points". RTE News. 9 October 2019. Retrieved 9 October 2019.
External links
[edit]- 2020 Irish budget at Irish Independent