Donohoe defends ending of wage subsidy scheme as he predicts spending boom

‘Government cannot subsidise wage bill of some employers while others cannot find workers’, finance minister says

Paschal Donohoe, the Minister for Finance, said that there was every reason to be hopeful about the coming months even though there was ‘still a lot to do’. Picture: Rollingnews

The wage subsidy scheme has to be wound down in the next four months because the government cannot continue to subsidise the wage bill of some employers while others are unable to find staff, Paschal Donohoe has warned.

As part of its Covid-19 reopening plans, the government announced last week that the wage subsidy scheme for 279,000 workers is due to conclude for most businesses at the end of April, while it will end for ...