Minister acknowledges clarity needed on schemes' future

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'We will have to, in some way, pay for this in the future' - Minister for Finance Paschal Donohoe has said expenditure around Covid-19 is likely to be paid for through higher levels of national debt in the future | Read more:

Paschal Donohoe said the schemes are working well but are costing 'hundreds of millions of euro every week.'The Minister went on to say that we have to 'in some way pay' for all of the COVID19 related expenditure in the future.

He said what is likely to happen is that our country will have a higher level of national debt for a period of time in the future and that 'we will have to be able to deal with that' by growing our economy.

 

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Covid tax to add to Quinn tax, USC, pension levy.....

Could you start with stopping the €2.5 BN subsidises to the fossil fuel industry every year. There are many alternative ways to find the revenue rather than austerity for 'the many' all over again.

Amazing insight there paschal

Read between the lines, when he says 'we' he means the citizens! If FFG get in they'll crucify us worse than before. & Greeners to help again!?! Some are saying 'SF in next time.' Too late! Austerity, Recession, low pay jobs, standards of life, Dole. Supported by Political Police

There is a ten year negative yield on bonds. We have access to this market. This is a million miles removed from the last crisis.

'National Debt' under FG FF is an obfuscating misdirection for taxpayer pain. It is not debt on the bankers, landlords, venture funds, telco billionaires, FDI global corps or large ranchers. It is the poor, small farmers & the middle class who will bear the brunt of Leo's debt.

The corruption collaboration of GOV/Media (+ more) within our country has brought disastrous ruin upon us. [You] have clearly set yourselves apart from the people of Ireland as our enemy. Decisions (media supported) are not made for our people. POWER will be RESTORED.

9k a year for cycling to work Paschal? That’s a lot of puncture repair kits. Absolute hypocrite.

Central banks are buying debt, don't miss out.

There is talk in the financial sector about writing off debts, I'm involved, good topic IMFNews IrishTimesBiz IndoBusiness

The apple money will surly cover it

There is talk in the financial sector about writing off debts, I'm involved, good topic IMFNews

13 billion off Apple?

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