"By the end of next year, 63,500 jobs are expected to be created in Ireland with the economy expected to grow by 3.3pc this year, and by 2.3pc in 2026. Mr Donhoe also outlined that the National Development Plan to commit €275bn in infrastructure over the next 10 years would "boost growth and job creation in the short and medium term", as well as "increase the potential for our country"."
""This budget will secure jobs and stability at a time of global challenge," he added. As expected, this year's offering stands in notable contrast to last year's 'giveaway' budget, with the removal of one-off payments such as energy credits and double Child Benefit, and no fresh income tax package. Public Expenditure Minister Jack Chambers told Dáil Éireann that Ireland stands at a crossroads and how it chooses to invest in its future will determine the direction of the country."
€8.1bn has been allocated for public spending, while the tax package stands at €1.3bn. By the end of next year, 63,500 jobs are expected to be created and the economy is expected to grow by 3.3% this year and 2.3% in 2026. The National Development Plan commits €275bn to infrastructure over the next 10 years to boost short- and medium-term growth, job creation, and national potential. The budget removes one-off measures such as energy credits and double Child Benefit and includes no new income tax package. The budget aims to secure jobs, stability, and sustained investment.
Read at Irish Independent
Unable to calculate read time
Collection
[
|
...
]