Govt will not extend funding to other insurance-hit sectors, says Finance Minister

The Department of Children and Youth Affairs has said 1,382 creches across the country have been offered quotes by Allianz.

Govt will not extend funding to other insurance-hit sectors, says Finance Minister

Update: Minister for Finance, Paschal Donohoe has said that the Government will not be making additional funding available to "other parts of our economy" facing insurance difficulties.

There is no equivalent payment available to those who work in the hospitality sector, he told RTÉ radio's Morning Ireland, referencing the announcement on Wednesday by Minister for Children Katherine Zappone of a one-off payment to registered childcare providers of €1,500 to deal with rising insurance costs.

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