This week is shaping up to be a crucial one for the Government as it navigates growing economic uncertainty, reports Breaking News.
Amid concerns about a potential recession and looming US tariffs, a new support fund for businesses and significant spending proposals are under consideration.
Newstalk’s Daniel Pitcher reported that the Government is preparing for what it describes as “profound uncertainty” amid increasing concern about the effect of US tariffs on Irish exports, reports Breaking News.
On Tuesday, the Government is set to release the Summer Economic Statement, which will detail €30 billion in additional capital investment aimed at improving infrastructure, housing, and energy—bringing the National Development Plan’s total value close to €100 billion.
Meanwhile, Enterprise Minister Peter Burke is expected to unveil a new emergency fund designed to support companies most at risk from US trade sanctions, tbn
As many as 950 businesses could qualify for the scheme, which would provide help with wages and everyday operating expenses.
Government ministers say this is part of a broader effort to fend off a recession and protect employment, reports Breaking News.
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