Paschal Donohoe Ireland business Coronavirus Paschal Donohoe Ireland

Leve 5 Covid restrictions to push Budget deficit up to €23 billion

Reading now: 242
www.rte.ie

Finance Minister Paschal Donohoe has said the budget deficit this year will now be €23 billion, up approximately €1.25 billion on the figure outlined in last week's Budget.

Speaking at a press conference this afternoon, the Minister said this will still be within the guide range published earlier this year.

The increase reflects the anticipated €2 billion spend over the next six weeks on several income and business support schemes as Level 5 restrictions come into play.

This will mean that GDP is expected to decline this year by 3.5%, a further 1% decline on the forecast released at Budget time.

Read more on rte.ie
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Washington Commanders Deshazor Everett charged with involuntary manslaughter after car crash kills girlfriend - fox29.com - Washington - city Washington - state Virginia - state Maryland - county Loudoun
fox29.com
72%
363
Washington Commanders Deshazor Everett charged with involuntary manslaughter after car crash kills girlfriend
LOUDOUN COUNTY, Va. - Washington Commanders safety Deshazor Everett has been charged with involuntary manslaughter for the fatal car crash that took the life of his girlfriend Olivia Peters. According to the Loudoun County Sheriff’s Office, Everett was charged after investigators determined he was driving over 90 mph just before the crash. Authorities say Everett, 29, turned himself into the Louduon County Adult Detention Center Tuesday afternoon. RELATED: Washington Football Team player discharged from hospital after car crash that killed Maryland womanBoth Everett and Peters were traveling north on Gum Spring Road near Ticonderoga Road in a 2010 Nissan GT-R the night of the crash in December 2021. Loudoun County Sherrif's Office said the vehicle the couple was in veered off the right side of the roadway, struck several trees, and rolled over.  Peters was taken to StoneSprings Hospital where she died from her injuries. Everett was taken to Reston Hospital Center and treated for serious but non-life-threatening injuries. Everett posted a $10,000 secured bond and has been released from custody. He is due in court on March 1. Kaveh Noorishad, Everett's attorney, released the following statement to FOX 5 regarding the matter: Advertisement"Mr.
DMCA