Taoiseach Micheal Martin has pledged that the cost of living package will be “substantial”.
The package will be announced alongside the Budget at the end of the month.
Mr Martin said: “We all have to work together to reduce energy demand.
“The Government will be assisting people and will be helping people in terms of alleviating cost pressures on people, and we will do that through supports like we did last year.
“This year we will have a cost-of-living package parallel with the Budget, which will be once-off in terms of its application for this year which will help people, households, particularly families.
“Then the Budget itself will also deal with, as best it can, deal with issues like childcare and education and so on.
“Schools will need supports to deal with the cost of energy in schools. Clearly, government will help in all of that.
“We will go as far as we can, in terms of resources we have and ensure we don’t make the inflation situation worse.
“It will be a substantial package as it has to be because the price levels are at a level that no-one has experienced before, not even in the 1970s.”
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