Finance Minister Mr. Donohoe stated that previous €2.5 billion inflation support packages will not be repeated, emphasizing a new approach across multiple budgets to aid those affected by living costs. He acknowledged the current economic difficulties but highlighted the risks of relying on temporary tax revenues. With challenges posed by US tariffs and uncertainties in the pharmaceutical sector, he stressed the importance of maintaining public finance surpluses, while also advocating for Ireland's role in global supply chains and affordable medicine production.
"We should not, and I believe will not repeat that again, but we will find other ways, budget by budget, and over four to five budgets, instead, of helping with and responding back to the needs within our society."
"I see it and I experience that, I know the difficulty it poses for very many in our country."
"Maintaining a surplus in the public finances remains important while uncertainty over the future of the pharma industry continues."
"What we are doing with the European Commission and through the European Commission is making the case for supply chains, making the case for medicine being made and across the world."
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