Micheál Martin (Cork South Central, Fianna Fail) | Oireachtas source

The cost of living is a very serious issue brought on by the war in Ukraine and, as economies rebounded from Covid-19, the major imbalance between supply and demand. Since the budget, we have allocated €2 billion to a whole range of measures to reduce VAT rates, for example, in addition to the decision to increase the free fuel allowance. Some €914 was paid to eligible households over the course of the winter. An additional lump sum of €125 was paid to 370,000 households and a further €100 on top of that.

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