Oireachtas Joint and Select Committees

Tuesday, 19 June 2018

Committee on Budgetary Oversight

Priorities for Budget 2019: Discussion

4:00 pm

Ms Mary Rose Burke:

We are cognisant of external challenges arising from changes to trade policy in the United States and Brexit. The nature of our economy means we will always be exposed to external threats. We should do what is within our control and in that respect the focus of our submission is on investing in infrastructure and indigenous businesses. While Ireland's successful industrial policy, in which we are a world leader, has primarily focused on foreign direct investment, in the longer term we also need to develop indigenous Irish businesses to enable them to reach a multinational scale while being headquartered and grown in Ireland. I ask Mr. Harrison to talk us through some of our specific recommendations to support indigenous Irish business.