BCN-06 Ireland’s 2020 budget includes 1.2-bn-euro ‘no-deal’ Brexit fund: govt

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BCN-06

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Ireland’s 2020 budget includes 1.2-bn-euro ‘no-deal’ Brexit fund: govt

DUBLIN, Oct 8, 2019 (BSS/AFP) – Ireland’s 2020 budget includes a 1.2-billion-euro relief fund to cushion the economic blow of Britain leaving the European Union without a negotiated agreement, finance minister Paschal Donohoe said Tuesday.

“I am today announcing a package of over euros 1.2 billion ($1.3 billion), excluding EU funding, to respond to Brexit”, Donohoe said, presenting the government’s annual spending plan, which is based on the assumption of a so-called “no-deal Brexit”.

BSS/AFP/MMA/1926HRS