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Cost of Living Issues

Dáil Éireann Debate, Thursday - 30 June 2022

Thursday, 30 June 2022

Ceisteanna (225)

Bernard Durkan

Ceist:

225. Deputy Bernard J. Durkan asked the Minister for Social Protection the extent to which she hopes to be in a position to meet emerging requirements arising from increased cost of living and inflation; the degree to which she expects to be in a position to make provision to meet such requirements in the coming year; and if she will make a statement on the matter. [35217/22]

Amharc ar fhreagra

Freagraí scríofa

Over the long term, Ireland’s social protection system has performed strongly in protecting our most vulnerable citizens.  In 2021, social transfers reduced the at-risk-of-poverty rate from 38.6% to 11.6%.  This represents a 70% reduction on the at-risk-of-poverty rate.  Ireland is consistently one of the best performing EU countries in reducing poverty through social transfers.

It is through this evidence-based approach that, over the past 10 years, budget measures have both exceeded inflation in that period and have also been targeted to support those most at risk of poverty.  This is evident in the recent results of the Survey on Income and Living Conditions which showed welcome reductions in the number of people at risk of poverty or deprivation.

Having said that, the Government is acutely aware of recent price increases and their impact on households who are dependent on social welfare.  For this reason, this Government did not await a further budget cycle to address these challenges but acted early.  Overall, the tax and spending measures we have introduced to ease the burden and provide support to those most in need have amounted to €2.4 billion.  

The Government continues to monitor the situation carefully in preparation for the Budget later this year.  I will be meeting a range of NGOs at the Department's pre-budget forum next month and will listen carefully to the views expressed. 

This Government has provided timely, targeted support and I will continue to prioritise evidence-based measures aimed at supporting the most vulnerable in our society.

I trust this clarifies the matter for the Deputy.

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