Government plans to spend €80.1bn next year
The government’s summer economic statement shows that the next budget in October is going to be another big-spending one to counter the impact of the Covid-19 pandemic.
Paschal Donohoe and Michael McGrath have signalled their intention to bring borrowing back under control – but not just yet.
Their summer economic statement shows that the next budget in October is going to be another big-spending one to counter the impact of the Covid-19 pandemic.
Both ministers have stated that spending will increase by a further 5.5 per cent next year, bringing the overall budget to €80.1 billion. And that spending could potentially increase...
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