Seanad debates

Thursday, 9 April 2009

Supplementary Budget Statement 2009: Statements

 

12:00 pm

Photo of Ivor CallelyIvor Callely (Fianna Fail)

I welcome the Minister's decision not to reduce the level of social welfare payments.

It is expected that prices will reduce by 4% this year instead of increasing by 2.5%. The Government expects to see reductions of 10% in the cost of electricity and gas. This means we can buy more with the same money than we could a year ago. The removal of the December bonus social welfare payment, as referred to by the previous speaker, is regrettable.

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