Peadar Tóibín (Meath West, Aontú) | Oireachtas source

Foreign direct investment, FDI, is considered a transitional economic policy. It is usually developed from a non-developed economy to try to get into a developed system. When that economy has developed to a good stage, most economies then try to develop indigenous economy because it is usually much stickier and less mobile as regards threats internationally. Obviously, they use strong indigenous economy and a decent FDI input. This country has never moved on from FDI in terms of its economic policy and, therefore, has left itself significantly exposed.

The Minister's Government continues to do that by not ensuring we have a strong indigenous economy. I have argued in this Chamber and committees for years that Fine Gael should want to collect more corporation tax instead of the bargain basement corporation taxes the Minister's party stood for for a long time. What actions is the Government taking now and is it going to completely outsource its actions to the European Union-----

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