2020 Irish budget

2020 (2020) Irish budget
Presented8 October 2019
Parliament32nd Dáil
Government31st Government of Ireland
PartyFine Gael
Minister for Finance and Minister for Public Expenditure and ReformPaschal Donohoe
WebsiteBudget 2020
‹ 2019
2021

The 2020 Irish budget was the Irish Government Budget for the 2020 fiscal year was presented to Dáil Éireann on 8 October 2019 by Minister for Finance Paschal Donohoe, his third as Minister for Finance.[1][2]

Summary

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[3][4][5][6]

Brexit

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  • A Brexit package of €1.2 billion was announced. In the event of a no-deal the following measures will be deployed,
  • €220 million will be deployed immediately.
  • €650 million for agriculture, enterprise and tourism sectors to assist the regions and populations most affected.
  • €85 million for beef farmers and €6 million for other livestock farmers and the mushroom sectors.
  • €14 million for the fishing industry.
  • €5 million for the food and drinks processing industry.
  • €365 million for extra social protection expenditure benefit.
  • €45 million to assist people to transition to new work.

Other

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  • Carbon tax is up €6 to €26 per tonne
  • Health spending is up €1 billion to €17.4 billion. Free GP care for children under eight and free dental care for children under six from September.
  • €11 billion will be provided to the Department of Education in 2020.
  • Christmas bonus to all social welfare recipients in 2019.
  • €80 million for housing assistance payment.
  • 50 cent increase on a packet of 20 cigarettes from midnight
  • €1.5 billion will be transferred to the Government's rainy day fund

References

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  1. ^ "Budget 2020: Boost for families but pensioners miss out on €5 hike". Irish Independent. 7 October 2019. Retrieved 7 October 2019.
  2. ^ "Budget 2020: as it happened". The Journal. 8 October 2019. Retrieved 9 October 2019.
  3. ^ "Budget 2020 main points: Free GP care for under 8s, extra gardaí to be recruited". Irish Times. 9 October 2019. Retrieved 9 October 2019.
  4. ^ "Budget 2020: What measures take effect from today and what comes into effect next year?". The Journal. 9 October 2019. Retrieved 9 October 2019.
  5. ^ "€1.2bn package for possible no-deal Brexit at centre of Donohoe's Budget 2020". Irish Independent. 9 October 2019. Retrieved 9 October 2019.
  6. ^ "Budget 2020: The Key Points". RTE News. 9 October 2019. Retrieved 9 October 2019.
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