Page 10 - Stability Programme Update News Today

Economics Correspondent Minister for Finance Paschal Donohoe will publish the Stability Programme Update later today which will set out new deficit and growth targets for the economy. RTÉ News understands it will project growth of 4.5% in the economy this year, with a budget deficit equal to 4.7% of Gross Domestic Product, but much of this will depend on the success of the vaccination programme. A separate measure for the domestic economy shows a lower growth rate this year but a higher rate f...

Cabinet Ministers will hold talks this morning over the latest setbacks to the vaccination programme.

Limericks Live 95 Search By Live95 News Team Cabinet Ministers will discuss the latest setbacks for the vaccination programme when they meet this morning.  The Taoiseach is to be briefed by the HSE and the vaccines taskforce as work continues on redrawing the roll-out plan. Re-drawn plans to take account of the problems with the availability of the AstraZeneca and Johnson and Johnson vaccines could be ready as early as today. But senior figures in the Depart...

Government forced to forecast through the fog of Covid-19 Cliff Taylor: Latest economic predictions set a baseline for public finances, but battles lie ahead about 4 hours ago   The Department of Finance is being forced to forecast while looking out through a fog. As prospects for the vaccine programme – vital for economic reopening – ebb and flow, it is impossible to predict the economic outlook with any certainty. But it is still important to try to set down some markers. As the Departm...

Share this article The latest setbacks to the State vaccination programme will be discussed by ministers at Cabinet this morning. Meanwhile, the Taoiseach is to be briefed by the HSE and the vaccines taskforce as work continues on redrawing the roll-out plan. Re-drawn plans to take account of the Johnson & Johnson vaccines could be ready as early as today; however, senior figures in the Department of Health were not expecting them to be finalised by the time Cabinet meets at 10am. Taoiseach Mi...

State factors in €2 billion reduction in annual corporation tax revenues

Analysis: Corporate tax threat and cost of Covid supports make for grim financial outlook There was little to be cheerful about in the latest Stability Programme Update with changes to the corporate tax regime on the horizon as the pandemic continues to hit 14th April, 2021 Minister for Finance Paschal Donohoe said he hoped there would be time for the public finances to recover from the impact of the pandemic before the full impact of the international corporation tax ch...

Finance Minister contemplates long-term scarring effects for economy from Covid The Stability Programme Update is forecasting GDP growth of 4.5% for this year. By Rónán Duffy Wednesday 14 Apr 2021, 5:33 PM 4 hours ago 9,516 Views 24 Comments Finance Paschal Donohoe Image: Sasko Lazarov/RollingNews.ie THE DEPARTMENT OF Finance has warned that...

Cantillon: New health advice on AstraZeneca has implications for lives and livelihoods

Budgetary Oversight Committee - Opening Statement by Minister for Finance, Paschal Donohoe, T.D. Introduction Chairperson, Members – let me begin by thanking the Committee for the invitation to appear here today to discuss the current framework for parliamentary engagement in the budgetary process. I welcome the opportunity to discuss your interim report and I look forward to a fruitful and positive exchange. Firstly, I note the recommendations set out in the Committee’s report and am happy...