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Michael Marcagi

Scared To Start

Tánaiste: No Mini Budget In 2023, But Situation Will Be Monitored

File image: Rolling News

"It is an unpredictable scenario"

Tánaiste Leo Varadkar confirmed on 'Kildare Today' this morning, the government is not planning a mini-budget next year, saying "this budget is the budget for 2023".

"A mini budget isn't something that's under consideration".

He continued "it is the case that this is an unpredictable scenario, this is a dynamic situation & we just have to keep things under constant review & respond to situations as they rise".

On energy pricing caps, Mr. Varadkar noted there is no way to know how high prices will rise.

He said the Government finds it "too risky" to effectively write a blank cheque to these energy companies, something they feel is "too risky" with public monies being used.

The Tánaiste did not both on an Irish & European level a windfall tax will be implemented.

Meaning "super profits" will be taken from energy companies "they never intended to make" and that money will be recycled.

Listen back to Tánaiste Leo Varadkar's full interview with Eoin Beatty, on this morning's 'Kildare Today':

 

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