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Minister for Finance and Public Expenditure and Reform Paschal Donohoe presented the second Budget of the Minority Government Fine Gael-Independent Coalition. Minister Donohoe announced that the total Budget package of €1.2bn favours expenditure increases over revenue reductions reflecting the Government’s commitment to invest in key areas such as education, health, childcare and housing. The Minister also announced additional capital expenditure of €4.3bn over the next 4 years.
CAT LOVERS are in for a treat when Kedi, the 2016 Turkish film, about the street cats of Istanbul, is screened in the Town Hall Theatre this weekend.
Minister for Finance Michael Noonan and Minister for Public Expenditure and Reform Paschal Donohoe presented the first Budget of the Minority Government Fine Gael-Independent Coalition. Ministers Noonan and Donohoe announced that the total Budget package of €1.3bn favours expenditure increases over revenue reductions by three to one reflecting the Government’s commitment to rebuilding and investing in public services. More detail will be included in the Finance Bill to be published later this month.
So there we have it. A government. And even a programme to go with it. As with any document of this nature (and length) there is much that nobody will oppose - and much couched in anodyne language that will resist analysis, much less critique. There are however, some poison pills unearthed, such as the potential privatisation of healthcare facilities.
UNDER MILK Wood, Dylan Thomas’s celebrated radio play of 1954, comes to the Town Hall Theatre on Tuesday March 29 at 8pm in a production for the stage by Blood In The Alley.
It was encouraging to hear the Minister for Finance announce in his recent Budget speech an increase in the tax free threshold on gifts or inheritances from parents to children. The threshold now stands at €280,000 (increase of €55,000) with effect from 14 October 2015.
In his budget day speech, Minister Michael Noonan recognised the significant role played by the farming and agri-food sector in Ireland’s economic recovery. This important sector employs approximately 169,000 people across the country and its produce is one of Ireland’s top 10 exported commodities.
arguably that prior Budgets have focused on tax measures to attract Foreign Direct Investment and that supportive tax measures for small businesses and entrepreneurs have received less attention. With the advent of improved technology, the option for Irish entrepreneurs to move their base outside of our shores is now a live one as many of them can easily conduct their business across borders. Therefore the need to encourage new entrepreneurs and support existing entrepreneurs is vital in ensuring the medium to long term health of the Irish economy.