INOU criticises Govt's Special Savings Scheme
The National Organisation for the Unemployed has expressed deep concern about the cost of the Exchequer of the Government’s Special Savings Incentive Scheme.
The plan, which was designed to curb consumer spending and inflation, will cost an estimated €2.4bn over the next five years.
Eric Conroy, general secretary of the INOU, said the money would have been better spent closing the gap between rich and poor.
"This is an awful lot of money in terms of Government expenditure, especially at the present time, and we feel that this money could have been spent in a much better way in terms of achieving equality," he said.
