Unveiled by the Irish government on Wednesday 10 October, the country’s latest budget contains a series of measures geared towards countering the negative repercussions of the UK’s impending exit from the European Union. In the words of Paschal Donohoe, Ireland’s centre-right finance minister, the budget “is Brexit-proof because we believe in being prepared”. It will allocate money to continuous education, additional investment and will introduce two weeks of paid parental leave.
In order to avoid being shaken by the Brexit storm set for 29 March 2019, Ireland is preparing itself. With the country having already allocated €450 million to companies in its last budget, in order to counter the effects of Brexit, a further €300 million is to be invested in the Human Capital Initiative, which will fund education, including continuous education, and prepare certain sectors to regenerate themselves in the case of a forceful Brexit impact. A €300 million fund will be set up to
…Do you have information to share with us?