Taoiseach says budget measures announced in October need to be comprehensive and need to apply for this calendar year
TÁNAISTE LEO VARADKAR has said he is not ruling out new Government measures to address the cost of living crisis ahead of October’s Budget.
The previous highest recorded rate was in 1994 and 1995, when 23% of households were in energy poverty. Varadkar said the report is “very stark” but not surprising, stating that the Government is “very much aware” that people are “feeling the pinch and some families are really struggling”. The Government has gone “as low as it can go” on excise on petrol and diesel, Varadkar said, stating that he would like to see further reductions in public transport fares.
With fears that petrol and diesel could go above 2.50 per litre soon, pressure is now ramping up within Government parties to move more quickly to address the rising cost-of-living. Donohoe said that the reduction in excise already rolled out by Government is among the biggest excise reductions in place across Europe.
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