Dáil debates

Wednesday, 1 December 2021

Ceisteanna - Questions

Economic Policy

1:22 pm

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail) | Oireachtas source

I propose to take Questions Nos. 7 to 18, inclusive, together.

The economic recovery plan was published on 1 June, and is helping to drive a sustainable recovery in economic activity and employment, while also investing in the transition towards a decarbonised and digital economy. The plan is based on four key pillars: helping people back into work; rebuilding sustainable enterprise; a balanced and inclusive recovery; and ensuring sustainable public finances. Good progress has been made in all these areas, with very strong increases in employment over recent months, as well as a strong performance of the public finances.

Other significant milestones achieved under the plan, notwithstanding ongoing challenges around Covid-19, include implementation of the Pathways to Work strategy, which provides training, support and activation to help people back into work; the summer economic statement; finalisation of the Housing For All strategy with record levels of investment in social and affordable housing: the publication of the revised national development plan, allocating more than €165 billion for public investment over the decade; and the new Climate Action Plan 2021, which sets out ambitious targets and measures across all sectors of the economy.

Other significant developments include a new Al strategy which was launched in July, while work is also well-advanced on a new national strategy for research and innovation.

In all of these actions under the plan, the focus is on a recovery that aligns with the Government's ambitious green and digital objectives.

Another key deliverable under the economic recovery plan is a well-being framework for Ireland. This is being jointly sponsored by my Department and the Departments of Public Expenditure and Reform and Finance. The first report on this was approved by Government and published in July. It will help us to consider, understand and measure Ireland's progress more holistically through the recovery and beyond.

A follow-up phase of consultation and engagement on the initial framework is currently under way. This public conversation on the well-being initiative was launched on 26 October to create awareness, gain feedback on the framework and get a broader sense of people's priorities. Key elements of this conversation include an online survey targeting a wide audience; thematic workshops; and a large online stakeholder event, on 17 November, to which I contributed. A Government well-being portal has also been developed alongside the CSO's interactive dashboard. A follow-up report will be submitted to Government in early 2022, informed by this public conversation and broader ongoing work. This second report will also identify steps for fully embedding the framework within the policy-making process.

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