Dublin: The Irish government has announced a €505 million support package aimed at easing the impact of rising fuel prices, following nearly a week of widespread protests across the country.
The measures—agreed after discussions with stakeholders in the transport, agriculture, and fisheries sectors—include a 10-cent reduction in petrol and diesel prices and the postponement of a planned carbon tax increase. The package was approved during an emergency Cabinet meeting and will take effect from midnight on Tuesday, subject to approval from the European Commission for excise duty changes.
Key Measures Announced
- Extension of excise duty reductions on petrol, diesel, and marked gas oil (green diesel) until the end of July
- A 10-cent per litre reduction in mineral oil tax on petrol and diesel, and a 2.4-cent cut for green diesel
- Postponement of the carbon tax increase from May to the October budget
- Expansion of transport support schemes covering haulage operators, Local Link services, school transport providers, and certain commercial operators
- Introduction of targeted fuel subsidy schemes for the agriculture and fishing sectors
The latest package follows a previously announced €250 million package initiative last month and is intended to ease pressure on households and businesses while helping to stabilise the situation ahead of schools reopening.
Government Response
Taoiseach Michael Martin said the measures were designed to respond to “real and immediate pressures” driven by global energy costs. He acknowledged that the package would have implications for the October budget.
Martin also criticised opposition figures, including Peadar Tóibín and members of Sinn Féin, questioning their approach to governance and accusing some elements within the protests of attempting to cause disruption beyond legitimate concerns.
Roderic O’Gorman called on the government to clarify the impact of delaying the carbon tax increase on social protection funding.
The Labour Party welcomed aspects of the package but criticised the government for failing to adequately support low- and middle-income workers. Party leader Duncan Smith said many households continue to face severe financial strain from rising energy, food, and housing costs, adding that the measures do not go far enough.
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