6th March 2025
Government has this week agreed new measures to support effective delivery of the public sector’s obligation to pay its bills within 15 days.
These measures are designed to bring about improvements that will benefit SMEs that supply goods and services to public authorities, and which will also see savings for the Exchequer.
Speaking following the decision, the Minister for Enterprise, Tourism and Employment, Peter Burke, said:
“As Minister with responsibility for promoting and supporting Irish enterprise, I know how important timely cash flow is to our business community. This is one very practical way that Government can support our key SME sector. I am committed to using every possible lever available to provide support for our indigenous enterprises, which are the backbone of our economy”.
ENDS
Note for editor
Departments and public bodies are obliged to pay for goods and services within 15 calendar days, with some exceptions.
Government has agreed measures that are designed to achieve an improvement in overall payment performance and is determined to meet the commitment to the 15-day period right across the public sector.
The PfG commits to reduce costs for business, cut through unnecessary bureaucracy, ensure access to finance and invest in vital infrastructure to help businesses succeed.
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