Outlook is grim but 'we can still avoid a recession' says Paschal Donohoe | JOE.ie

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'It is a risk, but yes, we can avoid it'

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"The forthcoming Budget will be a cost-of-living Budget, and what we do has to be comprehensive," the Taoiseach toldVaradkar, meanwhile, signalled an intention to raise payments in the areas of social welfare, pensions, childcare and beyond."I think it stands to reason that the pension increases and social welfare packages will have to be greater in 2023 than they were this year," he said on Monday."That's only right.

"We’ve got more people at work than ever before. Trade is breaking records and the public finances are in pretty good nick. So, you know, when the Government can protect people’s living standards, it should seek to do so." Tánaiste Varadkar also underlined that"investing in childcare makes sense now and for the long-term".

🎧 LISTEN: Stormers are URC champs, debate on Ireland's squad for New Zealand and Cian Prendergast interview

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