Q&A: Where will the €4bn National Recovery Plan funding be spent?

The government borrowed three-quarters of the €4bn, with the rest coming from the EU

Taoiseach Micheál Martin, Tánaiste Leo Varadkar, and Minister for the Environment, Climate and Communications, Eamon Ryan, launch the Economic Recovery Plan which will mainly focus on creating new jobs in the digital and green sectors. Photo: Sasko Lazarov / RollingNews.ie

What was announced yesterday?

Ireland’s National Recovery and Resilience Plan. An almost €4bn plan which includes new payments to businesses affected by Covid-19, an extension of personal welfare payments to those who have lost their jobs during the pandemic and a set of 16 investment projects and nine reform measures.