Dáil debates

Thursday, 14 January 2016

12:25 pm

Photo of Joan BurtonJoan Burton (Dublin West, Labour) | Oireachtas source

A number of comments in the executive summary may have escaped the Deputy's notice, so I would like to draw them to the attention of the House.

Ireland's economic rebound is remarkably strong, underpinned by an ongoing successful macroeconomic adjustment and the supportive external environment. Economic growth is projected to moderate towards more sustainable rates in the medium term and Ireland is on track to correct its excessive deficit.

All such reports have issues to raise and want to look forward to risks in the future, which is reasonable and prudential. I have no issue with that and we have those conversations with the review group on an ongoing basis. There is no problem with that. However, these comments in the executive summary recognise that Ireland has achieved a remarkable turnaround and it is the job of the Government to ensure the recovery that has been made to date is not only sustained but grown and that it extends to every single part of the country, so that every family and individual benefits.

Deputy Donnelly is an economist and a consultant; he knows the story on this. We exceeded every single target set for 2015. Is there something wrong with that or can he not recognise success when he sees it? Yesterday I launched the next phase of the Pathways to Work programme, which has overseen a fall in unemployment in Ireland from 15.2% at the height of the crisis to 8.8% now.

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