Enda Kenny (Mayo, Fine Gael) | Oireachtas source

Deputy Pringle should note that we have signed on for a programme under a memorandum of understanding, which we have renegotiated. We are adhering to it. The troika's next visit is due. We have had seven assessments of our country's performance and they have all been positive. They are challenging and I commend the people on understanding that there are challenging times ahead but that the prospect of emerging from the bailout brings with it the opportunity for real growth and a restoration of Ireland's economic sovereignty.

This is why the Government has set it ceilings for the next number of years in terms of spending and we will adhere to these. We will have the effective management of the running of the country changed in a way for the benefit of the people. Everyone understands that these are not easy times but decisions such as yesterday's decision by the Kerry Group represent a vote of exceptional confidence in the country's future and its people. The foreign direct investment line here continues to be strong.

The budget for 2013 will be challenging. We do not intend to change the ratios or figures we have already set out. We intend to make decisions to give effect to them. Deputy Pringle will have an opportunity during the economic debate to make his contribution on what he believes would be feasible and constructive in the interests of all our people.

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