Flood damage bill expected to be €100m
The Government is estimating that the bill for the country’s flood damage will be €100m.
Minister for the Environment Phil Hogan visited Co. Wexford and Co. Waterford today to assess the flood damage.
He confirmed that the Cabinet will discuss millions of euro worth of additional funding for flood victims this Tuesday.
He told Beat FM that humanitarian assistance is being provided to people who had their homes and belongings destroyed.
‘‘They've had all of their household effectively washed away and rendered useless, so the Department of Social Protection is looking after the exceptional payments," he said.
‘‘What we're looking at here today as well is some of the structural and physical infrastructure that's required to be put in place to try and make sure that the type of situation we had in Passage East won't happen again,’’ he added.
He visited residents and businesses devastated by the flooding of the past week.
The minister said he would be working with the Minister for Public Expenditure and Reform Brendan Howlin to source the money.
He revealed that a stimulus package for flood hit towns and cities will be announced in the coming weeks.
The package is said to include details on measures of insurance for households.