Paschal Donohoe: Irish government dividend will bring ESB profits in line with 2019

The government announced an increase in the dividend from SD to over €300 million, aiming to prevent excessive profitability due to high pricing affecting households and businesses. This money will be added to the exchequer, allowing the government to decide on its use, potentially funding measures for the winter. The decision aligns with the principle of using windfall taxes, as per Minister Ryan's legislation, to support necessary measures.

Why did the government decide to increase the dividend from SD?

• To increase public sector wages

• To boost the economy

• To prevent excessive profits due to high pricing

• To support international trade

What is the government's plan for the increased dividend and windfall taxes?

• To increase foreign aid

• To fund measures as winter approaches

• To invest in infrastructure

• To reduce national debt

Who agreed on the legislation for windfall taxes?

• Minister Lee

• Minister Ryan

• Minister Smith

• Minister Johnson

What is the key principle regarding the use of windfall charges?

• To distribute among citizens

• To invest in technology

• To use for additional measures if needed

• To save for future crises

What will the government do with the funds if additional measures are not needed?

• Increase government salaries

• Decide on alternative uses

• Invest in renewable energy

• Return them to the public