Leo Varadkar business Coronavirus Leo Varadkar

Varadkar promises more targeted Covid-19 supports

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The economy will "bounce back" sooner than many people think, the Tánaiste has told the Dáil, but he added that the pandemic will leave "many scars" including lost jobs and livelihoods as well as lost lives.

The Minister for Enterprise, Trade and Employment said new financial supports will be put in place in the second half of the year for businesses hit hardest by the pandemic.

Leo Varadkar said the Government "will extend in quarter two the vital financial supports in place for businesses including Covid-19 Restrictions Support Scheme (CRSS), the wage subsidy scheme and the Pandemic Unemployment Payment (PUP)." He added that the Government "will also provide more targeted financial support beyond quarter two for sectors that have been

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The economy is recovering, says President during meeting with professionals
COLOMBO (News 1st); President Gotabaya Rajapaksa said that the nature or extent of the challenges will not matter in fulfilling the promises made to the people.He noted that development activities continue in the country while taking necessary steps to control the COVID-19 pandemic.The President also pointed out that the economy, which had been collapsed for nearly two years, is gradually recovering.The President made these remarks participating in the first round of discussions in a series of sessions with professionals representing various fields, held at the President’s House on Friday (11).The professionals who participated in the discussion said that they are further committed to make the national programme a success by giving the necessary strength to achieve the goals desired by the President, said a statement.The professionals vehemently rejected the allegations spread by some sections with the objective of achieving narrow political agendas, the statement added.Experts in the field said that the new approach to agriculture initiated by the President is being continuously supported by the researchers and entrepreneurs who are engaged full time in these fields, further noted the statement.Representatives from a wide range of fields, including education, policy, sociology, agriculture, research, water and renewable energy, medical, engineering and innovation, were present at the discussion with the President.Ministers, State Ministers, Members of Parliament, the Governor of the Central Bank, the Secretary to the President, the Principal Advisor to the President and many others were also present.
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