New supports to include a €100 child benefit lump sum and €200 social welfare payment.
Image: Pixabay.Finance Minister, Michael McGrath, said families on lower-incomes will be supported through the government's cost of living package.
He said they'll receive targeted support through the working family payment.
Subject to cabinet approval, the package of measures will include a €100 child benefit lump sum and €200 social welfare payment.
Minister McGrath also said they're focused on keeping costs and prices down.
Cuts to excise on petrol and diesel are being retained until later on in the year.
While the 9% reduced rate of VAT on the hospitality sector has been extended until August.
Minister for Trade, Enterprise and Employment, Simon Coveney, said it'll be costly to continue but the sector continues to face significant challenges.
He said: "The government is trying to get the balance right by recognising that this was a temporary measure and at the same time there are continuing challenges.
"This isn't a scheme that doesn't have a significant amount of cost involved. This is in the hundreds of millions of euro but the government will have a discussion on that.
"As you'd expect, my job is to give the perspective from an enterprise side to make sure we can protect businesses in the months ahead."
