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Ireland to Cut Welfare Payments, Lower Tax Bands, Tribune Says

Dec. 5 (Bloomberg) -- Ireland’s government will cut social welfare payments by 5 percent, reduce child benefit by 10 euros ($13.40) per month and lower tax bands to ensure more workers contribute to the budget, the Sunday Tribune reported.

The measures will form part of a government package to be outlined on Dec. 7, part of a plan to reduce the country’s deficit, the Dublin-based newspaper said, citing unnamed people.

To contact the reporter on this story: Colm Heatley in Belfast at cheatley@bloomberg.net

To contact the editor responsible for this story: Colin Keatinge at ckeatinge@bloomberg.net.

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