It will be straight down to work for the new government if it is to honour the commitments it has made to implement various measures within the first 100 days of the administration.
Most pressing is the €6bn “July stimulus” set of measures to restart the economy following the Covid-19 shutdown. Central to this will be a recovery fund which will be available for the remainder of 2020 and until the end of 2022. Money will be allocated for reskilling and retraining, infrastructure development, prioritising housing construction, retrofitting and transport. It will include business supports such as a €2bn credit guarantee scheme, €2bn capital funding for medium-sized and large enterprises, and the interest-free freezing of commercial tax debts for 12 months by Revenue.