Government to extend wage subsidy scheme and help to buy

Eamon Ryan to advance plans for pre-departure testing system for air passengers, while wage supports will continue after April 2021, but are likely to be targeted at worst-hit sectors

Aiden Corkery

Political Correspondent @aiden_corkery
4th October, 2020
Government to extend wage subsidy scheme and help to buy
Paschal Donohoe, the Minister for Finance, and Michael McGrath, the Minister for Public Expenditure, are expected to commit to plans for a revised wage subsidy scheme to continue well beyond that date

A targeted extension of the €1.9 billion wage subsidy scheme for struggling sectors is set to be signalled in the forthcoming budget along with the continuation of grants for first time buyers, the Business Post has learned.

Many badly affected businesses have warned the government that they will not survive the Covid-19 pandemic if wage supports are shut down next April. In response, Paschal Donohoe, the Minister for Finance, and Michael McGrath, the...

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