The Government has agreed, at a special Cabinet meeting, a suite of measures to further support small, medium and larger business that are negatively impacted by Covid-19.
It follows the publication on Friday evening of the Government’s Roadmap for Reopening Society & Business, which sets out a five stage plan to ease the Covid-19 restrictions and reopen Ireland’s economy and society. The Covid-19 emergency has had an unprecedented impact on our economy, as well as our society. As we begin the phased reopening of our economy, the Government recognises that businesses require significant additional supports. The measures aims to help our businesses to restart, reconnect and rehire staff who have been laid off or furloughed.
The Government has already brought forward a series of measures to support those impacted by this global pandemic. They have included emergency income support such as the Temporary Wage Subsidy Scheme and the Pandemic Unemployment Payment. It is now necessary to introduce a number of additional measures to aid the economy as the Covid-19 restrictions start to be lifted.