Simon Harris estimates the cost of the reducing the VAT rate for food to around €500m.
Hotel rooms won't be included in the VAT rate reduction for the hospitality sector.
That's according to Tánaiste Simon Harris who says the rate cut will come for the rest of hospitality.
But that could be delayed towards the middle of next year.
Speaking at the Fine Gael think-in in Mullingar Simon Harris says the measure is important for the sector:
Gardaí Issue Public Appeal Over Missing Westmeath Teenager
Clothing And Footwear Repair Voucher Scheme "Needs to Happen" - Laois Fashion Designer
Special Concert To Launch Friends Of Esker Arts Set For This Month
Energy Efficiency Roadshow Comes To Laois This Afternoon
Laois Soccer Club Plans New Clubhouse And Changing Facilities
Westmeath Hotel Reopening After Norovirus Outbreak
Eight Legal Aid Certificates Issued In Laois Amid Solicitors’ Boycott
Ireland Still Faces STEM Gender Gap Despite Strong PISA Results