Stark Summer Economic Statement announcement from Paschal Donohoe and Co, as Vat cut planned for Budget 2026 leaves just €500m in tax package for rest of population
Public Expenditure Minister Jack Chambers and Finance Minister Paschal Donohoe at Government Buildings yesterday. Photo: Collins
For over three hours yesterday, the press centre in Government Buildings was like a bingo hall, as the Taoiseach, Tánaiste and three different ministers called out every number between one and 275.4 billion.
Maybe the most important number was actually one – the €1bn it is going to cost to give the restaurant sector a Vat cut in the Budget on October 7.
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