Oireachtas Joint and Select Committees

Thursday, 10 May 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector: Quarterly Engagement with the Central Bank of Ireland

9:30 am

Photo of Rose Conway WalshRose Conway Walsh (Sinn Fein) | Oireachtas source

I thank Ms Rowland. I have a couple of questions for Professor Lane. One thing that bothers me is whether the Central Bank is a bank for Dublin or for all the State. With regard to unemployment, reducing unemployment and so forth, I am from Mayo in the west and there are vast areas that have huge unemployment. It is up to 30% or 35%. My colleague, Deputy Pearse Doherty, spoke about emigration. It is still a reality for most of the people in my area who cannot get jobs. For example, there were 1,500 applications for 30 outdoor staff jobs in Mayo County Council. I am concerned that Professor Lane's opinions are feeding into the concentration of the Government's policy, which will not address what is happening in the regions. Without the regions we are not a full country. Will he speak to that in terms of how important he considers the development of the regions is in the context of what is happening at present?

Comments

No comments

Log in or join to post a public comment.