New cost of living package to include €200 lump sum for those on social welfare

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BREAKING New cost of living package to include €200 lump sum for social welfare recipients among other measures ferghalthehack has the details

Government leaders have agreed an extra €200 cost of living bonus payment for pensioners, carers, the disabled and all long-term social welfare protection payments recipients.

READ MORE: Snow map shows Ireland covered as Beast from the East 2 risk increases and Met Eireann give timeline The payments are expected to be ratified by ministers at Cabinet after Social Protection Minister, Heather Humphreys, secured agreement from Government leaders, Taoiseach Leo Varadkar, Tánaiste Micheál Martin and Green party leader, Eamon Ryan.In total, households are set to get up to another €1billion worth of cost of living cash supports under a new Government giveaway.

If the Government chooses to end the excise reductions in one fell swoop it would see the price of a litre of petrol go back up by 20c and a litre of diesel by 15c.But Ministers are looking at phasing back in the end of the discounts to ease the pain. Finance Minister Michael McGrath as much last week signalled this when he told a private meeting of Fianna Fáil politicians that this bundle of cash would be “better focused on supports for households.”An extra energy credit in the region of €200 after the third one is paid next month is still up in the air, and if it is agreed it could be paid next autumn, not over the summer.

Taoiseach, Leo Varadkar, Tánaiste, Michael Martin, and Ministers for Finance and Public Expenditure and Reform, Mr McGrath and Paschal Donohoe, along with Social Protection Minister, Heather Humphreys, were all meeting in Government Buildings to thrash out what is in and what is out of the spending plan.

 

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