2020 Irish budget explained

Irish budget
Year:	2020
Country:	Ireland
Previous Budget:	2019 Irish budget
Previous Year:	2019
Next Budget:	2021 Irish budget
Next Year:	2021
Minister:	Paschal Donohoe
Finance Minister Title:	Minister for Finance and Minister for Public Expenditure and Reform
Presented:	8 October 2019
Parliament:	32nd Dáil
Government:	31st Government of Ireland

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

^{[3] [4] [5] [6]}

Brexit

• 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

• 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

External links

• 2020 Irish budget at Irish Independent

Notes and References

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