Parents will feel a lot more valued after this Budget
While any increase in child benefit is most welcome, the extra €5 per month announced in this year's Budget just brings it back up to €140, which is what it was when the Government came into office in 2011.
I remember the heyday of child benefit, when it rose to a record €160 per child in 2008.
This small increase of €5 a month forms part of a wider set of measures aimed at tackling the cost of childcare - with two weeks' paid paternity leave also being announced. Around 600,000 families will benefit from the increased monthly payments.