No 'goodies' in upcoming budgets, ministers warn as focus is on reducing 'borrowed money' 

Finance Minister Paschal Donohoe and Minister for Public Expenditure, Michael McGrath leave a Cabinet meeting at Dublin Castle. Picture: Niall Carson/PA Wire

The next two Budgets will need to focus on reducing "borrowed money" used to keep the economy afloat during the pandemic, the Minister for Finance has said.

Speaking to RTÉ radio’s Today with Claire Byrne show, Paschal Donohoe said all pandemic supports have come from “borrowed money” and this will need to be paid back.