Dáil debates

Thursday, 29 January 2009

The Economy: Statements (Resumed)

 

1:00 pm

Photo of Seán PowerSeán Power (Kildare South, Fianna Fail)

It is nice to have some agreement. When the Minister for Finance introduced his budget in October, there was little appreciation of the enormous task facing the country. As we head into the end of January, there is a much better understanding of the challenges that lie ahead. We are experiencing a sharp economic downturn. As other Deputies have mentioned, it is occurring in most countries and is not confined to Ireland.

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