politics Coronavirus

Covid spending to top €30 billion by end of year

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The Minister for Public Expenditure and Reform Michael McGrath will tell his Government colleagues this morning that Covid spending will top €30 billion by the end of the year.

Minister McGrath will today update the Cabinet on Government spending ahead of the publication of the Mid-Year Expenditure Report.

It is understood that Minister McGrath will set out the scale of the total Covid-related spending since the beginning of the pandemic.

Minister McGrath is likely to focus on what he views as the importance of winding down temporary Covid expenditure as the economy re-opens.

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