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Enhanced support package on way to combat inflation, as govt awaits crucial nod from EU
Details are emerging of the government’s plans for further economic support measures to cushion the effects of the war in Ukraine on inflation. With the cost set to balloon over the coming weeks, the stance adopted by the EU will be crucial in determining how far the Finance Ministry can go to counterbalance cost-of-living rises.
Officials in the Finance and Energy ministries have been working on a range of scenarios to blunt the impact of galloping energy prices on household and business finances.
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