The Covid-19 pandemic has cost the state almost 30 billion euros

The Covid-19 pandemic has cost the state nearly €30 billion by earlier this year, with huge sums spent by several departments, the Comptroller and Auditor General said today.

In a report on the pandemic costs, he said the costs in the year to February last year were 12.4 billion euros, while last year they reached 17.1 billion euros.

It brought in a total of 29.5 billion euros.

The main financial burden was on the Departments of Social Protection, Health, Housing and Local Government and Heritage.

The three departments accounted for 86 percent of the reported total spending of 29.5 billion euros for the two-year period.

With the exception of December 2021, the monthly costs of direct actions or their impact remained relatively constant in the second year from March 2021 to February 2022.

The Department of Social Protection reported that it had spent €7.6 billion on specific Covid-related programs by the end of February last year.

In the comparable period of the previous year, expenditure amounted to 11.1 billion euros, so that total expenditure at the end of February was 18.7 billion euros.

At the Ministry of Health, spending on testing and tracing increased from €359 million between March 2021 and February last year to €664 million.

Testing and tracing and vaccines accounted for nearly half of the ministry’s Covid spending in the year to February last year.

The peak occurred in December 2021 in response to Omicron.

https://www.independent.ie/news/covid-19-pandemic-has-cost-the-state-nearly-30bn-42030193.html The Covid-19 pandemic has cost the state almost 30 billion euros

Fry Electronics Team

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