2020_Irish_budget

2020 Irish budget

2020 Irish budget

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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]

Quick Facts Presented, Parliament ...

Summary

[3][4][5][6]

Brexit

  • 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

  • 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

  1. [1]
    "Budget 2020: Boost for families but pensioners miss out on €5 hike". Irish Independent. 7 October 2019. Retrieved 7 October 2019.
  2. [2]
    "Budget 2020: as it happened". The Journal. 8 October 2019. Retrieved 9 October 2019.
  3. [3]
    "Budget 2020 main points: Free GP care for under 8s, extra gardaí to be recruited". Irish Times. 9 October 2019. Retrieved 9 October 2019.
  4. [4]
    "Budget 2020: What measures take effect from today and what comes into effect next year?". The Journal. 9 October 2019. Retrieved 9 October 2019.
  5. [5]
    "€1.2bn package for possible no-deal Brexit at centre of Donohoe's Budget 2020". Irish Independent. 9 October 2019. Retrieved 9 October 2019.
  6. [6]
    "Budget 2020: The Key Points". RTE News. 9 October 2019. Retrieved 9 October 2019.
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