Friday October 30, 2020

Analysis: Why preparing this Budget has been an almost impossible job

Paschal Donohoe must yearn for the days when Brexit was the greatest uncertainty

Aiden Corkery

Political Correspondent

12th October, 2020
Covid-19 is set to cost the exchequer more than €20 billion this year and Paschal Donohoe, the Minister for Finance, has assumed that a vaccine will be widely available in 2021 for his Budget. Picture:

Has a Budget ever been prepared amid such an atmosphere of uncertainty?

Last year, Paschal Donohoe thought he faced an enormous challenge in drawing up a Budget without knowing whether the UK would crash out of the EU without a deal or if an orderly exit would be agreed.

A year later and how he must pine for the simpler days when Brexit was the only major uncertainty to contend with.

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