Expenditure on subsidies now in line with pre-pandemic levels mainly due to the closure of Covid support schemes
There was a large reduction in expenditure on subsidies, which decreased by €1.3 billion, mainly due to the closure of the Employment Wage Subsidy Scheme. Subsidies are now in line with pre-pandemic levels.
Direct spending on Covid-19 measures amounted to approximately €500 million this quarter. The main element of this expenditure was Covid-19 related health expenditure of €400 million.
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