Local reaction to stimulus package

 

 

Local TD for Sligo, Leitrim, North Roscommon and South Donegal and Minister of State at the Department of Health, Frank Feighan, has welcomed the announcement of the July Stimulus package – a €7.4 billion package of measures designed to stimulate a jobs-led recovery and build economic confidence while continuing to manage the impact of Covid-19.

He said the July Jobs Stimulus will provide a boost to the economy especially in the North West, which has been hit hard during the pandemic.

“The government is committed to supporting workers, businesses and families in the months and years ahead who have felt the negative impact of this pandemic. The overriding priority of the Government remains the wellbeing and health of our citizens. Now we have focused on our economy and supporting businesses to retain and employ as many people as possible going forward”.

Fianna Fáil Senator Eugene Murphy says the July Stimulus package which was unveiled on Thursday will invest in rural Ireland and will support local businesses.

Senator Murphy said: “The July Stimulus package will address the need for balanced regional development. The package includes an increase of €10m for the Town and Village Renewal Scheme to help our rural towns and villages to increase footfall and get people spending locally.

“As we all have adapted to doing more of our daily business online it is very welcome to see the €20m in additional funding to support the establishment of an online trading presence for 8,000 additional micro-enterprises.

“In the Roscommon-Galway area so many businesses are dependent on tourism. I am pleased to see the introduction of a Stay and Spend Initiative tax rebate from October to April of next year. This will encourage people to stay and dine locally, helping our hospitality sector.

“The stimulus package marks another step in an unprecedented state response to the global pandemic. No businesses, local town or village has avoided the consequences of the coronavirus. I believe today’s stimulus package will go some way to addressing the economic challenges we face” concluded Senator Murphy.