Politics

Paschal Donohoe pledges to review PRSI in bid to help firms fight rising costs

The public expenditure minister would not be drawn on whether he’d support the introduction of a lower 9 per cent rate for food-led hospitality businesses

Paschal Donohoe ruled out a mini-budget but said the government was willing to help struggling firms. Picture: Fergal Phillips

The government will examine changes to PRSI to help businesses struggling with increased costs, Paschal Donohoe has said.

The public expenditure minister said the coalition would “look at the issue” of PRSI in an attempt to help firms meet the increasing costs of doing business and in recognition of costly new policies that have been introduced.

Donohoe said he and Michael McGrath, the finance minister, would not be preparing a mini-budget to assist businesses but ...