Thursday October 22, 2020

Editorial View: Budget 2021 was a high-stakes gamble that had to be taken

A record borrowing spree has meant there are very few sectors that have not received extra funding to cope with the coronavirus crisis

18th October, 2020
Paschal Donohoe, the Minister for Finance, and Michael McGrath, the Minister for Public Expenditure, did deliver many of the key asks that had been highlighted by the Business Post in recent months

It is no exaggeration to say that the fate of tens of thousands of businesses rested on Budget 2021.

The Covid-19 pandemic has forced pubs, restaurants and hotels to close their doors, and put many other previously healthy businesses on life support. In these circumstances, the budget needed to deliver a significant survival package for the affected business sectors.

The speeches on budget day by Paschal Donohoe, the Minister for Finance, and Michael McGrath, the Minister...

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