Jack Chambers (Dublin West, Fianna Fail) | Oireachtas source

We are conscious of the increased costs for businesses as well as the tourism and hospitality sector's importance for employment. That is why a specific scheme has been developed and announced by the Minister for Finance, Deputy Donohoe, namely, the TBESS, which will provide businesses with up to 40% of the increase in electricity or gas bills up to €10,000 per month. It in this context that we want to support businesses with their increased energy costs.

The Minister, Deputy Catherine Martin, has secured specific funding to continue supporting the development of the tourism sector in 2023. Approximately €214 million is being provided to underpin and support the sector in terms of marketing and promoting and to fund the capital development schemes that Fáilte Ireland and many other agencies will progress across the regions, in which regard there will be continued progress next year.

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