Background information

The Government’s Economic Recovery Plan was launched on 1 June 2021, it sets out how the Government will support the full resumption of economic activity and achieve rapid job creation and economic growth after the COVID-19 pandemic.

It includes more than €3.5 billion in spending support as well as funding of €915 million under the European Recovery and Resilience Facility.

The Plan sets out a new phase of supports for a new stage of recovery and renewal. The aim is to have 2.5 million people in work by 2024 which would exceed pre-COVID levels of employment. Many of these jobs are to be within the green and digital sectors.

Content of measure

There are four key pillars to the Plan:

• Ensuring our public finances are sustainable for a lasting recovery
• Helping people back into work by extending labour market support and through intense activation and reskilling and upskilling opportunities, driven by Pathways to Work 2021-2025
• Rebuilding Sustainable Enterprises through targeted supports and polices to make enterprises more resilient and productive
• A Balanced and Inclusive Recovery through strategic investment in infrastructure and reforms that enhance our long-term capacity for growth, balanced regional development and by improving living standards

The plan sets out a range of new and also gives details of extensions and changes to existing supports such as the COVID Restrictions Support Scheme (CRSS), Employment Wage Subsidy Scheme (EWSS) and Pandemic Unemployment Payment (PUP).

Use of measure

No information.

Target groups

Workers	Businesses	Citizens
Applies to all workers	Applies to all businesses	Applies to all citizens

Actors and funding

Actors	Funding
National government Local / regional government	European Funds National funds National Recovery and Resilience Facility

Social partners

Social partners' role in designing the measure and form of involvement:

	Trade unions	Employers' organisations
Role	Informed	Informed
Form	Not applicable	Not applicable

Social partners' role in the implementation, monitoring and assessment phase:

• No involvement
• Main level of involvement: Peak or cross-sectoral level

Involvement

N/A

Views and reactions

N/A

Sources

• 01 June 2021: Overview of Economic Recovery Plan 2021 (www.gov.ie)
• 01 June 2021: Economic Recovery Plan (www.gov.ie)
• 01 June 2021: Launch of the Economic Recovery Plan 2021 (www.gov.ie)
• 01 June 2021: At a glance: What's in the Economic Recovery Plan (www.rte.ie)