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Covid-19 welfare subsidies may be tapered - Donohoe

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The Minister for Finance, Public Expenditure and Reform Paschal Donohoe has said that at the end of the 12 week introduction period he will be "tapering and changing" the Covid-19 pandemic welfare subsidies.

Mr Donohoe said the welfare subsidies "cannot be sustained indefinitely" but they can be sustained for long enough to allow incomes to be protected "for as long as possible".

The Minister said the Government wants to give the 40,000 companies availing of the Wage Subsidy Scheme "a fighting chance".

He said the Government wants to avoid cutting core social welfare rates and wants to protect public pay, but this it contingent on the global economy and Covid-19.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
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Deaths: 237 619
Recovered: 0
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