‘No giveaway’: Irish government says Budget 2025 will be worth 8.3bn euro

‘No giveaway’: Irish government says Budget 2025 will be worth 8.3bn euro

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses the expansion of the state and public services, emphasizing the need for a better state with improved outputs. It highlights investments in various sectors, including healthcare and childcare, while acknowledging external risks like geopolitical tensions. The agreement with the Department of Health and HSE for additional funding is detailed, along with the tax package and budget priorities focusing on low and middle-income earners. The 5% spending rule's role in maintaining fiscal discipline is also covered.

Read more

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of the €5 billion allocation mentioned in the first section?

Sustaining and strengthening public services

Building new infrastructure

Reducing national debt

Increasing military spending

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which external factors are highlighted as risks to the Irish economy?

Climate change

Geopolitical tensions and global trade fragmentation

Technological advancements

Domestic political instability

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of the additional funding for the health sector?

To build new hospitals

To reduce patient waiting times

To increase salaries of healthcare workers

To strengthen financial planning and governance

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the government's priority in designing the income tax package?

Increasing taxes on luxury goods

Reducing corporate taxes

Ensuring it is progressive and supports low to middle-income earners

Supporting high-income earners

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the government plan to address wage inflation in the tax package?

By reducing taxes on luxury items

By introducing new tax brackets

By ensuring taxes are not excessively levied

By increasing taxes on all income brackets

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role did the 5% spending rule play in managing public finances?

It increased public spending significantly

It helped maintain budget surpluses

It led to a decrease in public services

It was abolished after the pandemic

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main driver behind the current financial figures according to the final section?

Increased foreign investment

Maintaining existing services

New policy decisions

Reduction in healthcare costs