Minister says inflation coming down but high prices still having an impact on living standards in Ireland
The Government announced universal energy credits amounting to €600 per household in Budget 2023. The last €200 tranche of this is due to be transferred on to utility bills in March. While wholesale energy prices have dropped, this has yet to translate into a reduction in household bills, leading to calls for an additional €200 credit to be applied in May.
“What universal measures bring are the ability to help everybody, what tailored measures bring is the ability to help some more, but they each have benefits and drawbacks and the Government will in the next few days make your decision on that.”However, he said the supports could not continue indefinitely.
Taoiseach Leo Varadkar has insisted that a mini-budget is not required as the Government prepares cost-of-living financial supports. Video: Oireachtas TV
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