Taoiseach says budget will include smaller one-off measures to support households with cost of living

Taoiseach says budget will include smaller one-off measures to support households with cost of living

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Interactive Video

Business

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The video discusses the current financial pressures and changes in the economy over the past year. Inflation has decreased from 10% to 5%, and there have been wage increases, including a 7.8% rise in the minimum wage. Despite these improvements, financial struggles persist, necessitating one-off budget measures. The upcoming budget will introduce further measures, including pension and welfare increases, minimum wage hikes, and income tax reductions, aimed at easing financial burdens in the new year.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways are incomes rising according to the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do people still face despite the economic improvements mentioned?

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