Cabinet set to discuss budgetary measures this week
“We have to look at it in the round about what the overall cost of the package is to make sure that it is affordable for the country, that it represents the best and most efficient use of taxpayers money, and that it represents the final intervention before the next budget.”
The businesses had “outlined from their perspective the value of the VAT reduction” and the Government will now “consider all of those contributions in the mix when we’re making decisions in the days ahead”, Mr McGrath said. The reduction in wholesale energy prices is taking time to feed through to consumers however, and households continue to be under pressure, underlined by a Barnardos survey that indicated an increase in the use of food banks.
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