Dáil debates

Tuesday, 1 October 2013

Ceisteanna - Questions (Resumed)

Financial Services Sector

4:35 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael) | Oireachtas source

No. It is a question of considering what adjustments might have to be made to the financial services industry with regard to attracting further investment, thus creating more jobs and growth. The programme stands and, as the Deputy mentioned, it set a target of 10,000 net new jobs by 2016. From 1999 to 2011, the number of jobs grew from 8,500 to 33,000, as the Deputy is aware, and notwithstanding the difficult international financial environment, IFSC employment has continued to grow. Opportunities are highlighted in the strategy across different sectors, including shared services provision, green financial services, the location of EU hubs, payment and transaction processing, private equity and related development.

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