Dáil debates

Tuesday, 24 September 2013

4:15 pm

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

He made a statement that we should reverse the cuts; he did not ask a question.

Deputy Healy, like other Deputies, is in contact with people in his constituency. The Government is not immune to the difficulties people have to face and has been cognisant of them as we have attempted to make decisions, difficult as they are, to sort out the economic situation. Only this morning, the Minister for Finance, Deputy Michael Noonan, pointed to the need for the Government to reflect, in so far as it can, the difficulties and tribulations people are having. It is not the case that we are abandoning people who are in difficult circumstances to their lot. We have moved from a point where 250,000 jobs were lost in a three year period, Ireland's access to international markets was blocked, interest rates for Government borrowing stood at 15% and the country had no strategy to deal with these matters to a point where the position has been reversed and 3,000 jobs per month are being created in the private sector.

Owing to the way in which the memorandum of understanding was framed, the Ministers, Deputies Noonan and Howlin, were able, in their early engagement with the troika, to negotiate to have the minimum wage reinstated. In addition, the Minister for Finance was able to remove 330,000 people from the universal social charge in the budget. There was no increase in income tax and no reductions in primary social welfare rates in budget 2012 and budget 2013, while mortgage interest was increased for those who purchased homes between 2004 and 2008.

While I understand the nature of the surveys to which the Deputy referred, a great deal of assistance is available. Community effort in helping people in difficulty has never been at a higher level.

Clearly the biggest debt that most families face is mortgage debt and the Government has resolved to help families that are struggling through a range of actions that are now in place and we expect them to be delivered on. These matters have been the focus of Government and will again be the focus of what we have to do in preparing the budget for 2014 as a stepping stone to emerging from the bailout, to send out that signal further enhanced, if one likes, by the outlook upgrade by the ratings agency, Moody's, last week which had a direct impact on bond yield spreads. People may not realise these matters impact on the country. As its reputation as a location for investment improves, it impacts on the jobs situation, which is the ultimate goal, being the biggest catalyst to restoring the health of the economy. In that sense as the Minister, Deputy Noonan, pointed out in terms of the budget for this year, these matters are of concern to Government and hopefully can be reflected in the fairest way possible.

Comments

No comments

Log in or join to post a public comment.