Food Subsidy Phase-Out and CPI Impact
Asked whether subsidies would be phased out and how removal would affect the CPI, Colley referred to the Government’s Green Paper.
asked the Minister for Finance if it is the intention of the Government to phase out food subsidies, and if so, when; and the effect which the removal of such subsidies will have on the consumer price index.
Comment on this
: I would refer the Deputy to pages 83 and 84 of the recently issued Green Paper on Development of Full Employment which discusses the future of food subsidies. This represents the most up-to-date Government thinking in the matter and I have nothing to add. The effect on the consumer price index of removal of the subsidies is also set out at page 83.
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