Results 4,401-4,420 of 16,537 for speaker:Brian Lenihan Jnr

Budget Statement 2010 (9 Dec 2009)

Brian Lenihan Jnr: -----€20 million will go to an activation fund which will involve an open call for innovative proposals that have the capacity to provide work, education and training; €14 million is being made available, in addition to €26 million from the EU, for supports to redundant workers in eligible companies under the European globalisation adjustment fund; €9.5 million is being made available...

Budget Statement 2010 (9 Dec 2009)

Brian Lenihan Jnr: To encourage those who want to buy a house over the next three years, I will provide that qualifying loans taken out before 1 July 2011 will continue to get relief at current levels for seven years, and transitional arrangements will apply to loans taken out in the subsequent 18 months at a reduced level and duration. It is my intention to abolish mortgage interest relief entirely by the end...

Budget Statement 2010 (9 Dec 2009)

Brian Lenihan Jnr: The review of investment priorities which will shortly be published will also provide for continued substantial investment in flood relief. The Government is keeping this situation under review and will commit further resources as required. STIMULATING THE ECONOMY TO HELP SUSTAIN AND CREATE JOBS Those in business understand the connection between fiscal sustainability and business confidence...

Budget Statement 2010 (9 Dec 2009)

Brian Lenihan Jnr: We must invest in every sector to create jobs and secure sustainable growth. Today, I am announcing a number of stimulus measures to aid the economic recovery in the short term and help ensure sustainable growth for the future. Supporting the Retail Sector: VAT and Excise Changes Our retail sector has been battling a steep currency depreciation on its doorstep. The main reason for the...

Budget Statement 2010 (9 Dec 2009)

Brian Lenihan Jnr: The reductions will be as follows: 12 cent per pint of beer and cider; 14 cent per half glass of spirits; and 60 cent per standard bottle of wine.

Budget Statement 2010 (9 Dec 2009)

Brian Lenihan Jnr: All of these reductions are VAT inclusive. I expect the drinks industry to play its part in making the cost of alcohol more competitive. If I find this reduction has not been passed on to the consumer, I will reverse today's reduction.

Budget Statement 2010 (9 Dec 2009)

Brian Lenihan Jnr: In response to many calls on all sides of the House, I have looked again at the standard rate of VAT and I have decided to reverse the 0.5% increase imposed in October 2008. This measure will take effect from 1 January 2010 and is estimated to cost €140 million next year. I have decided not to make any changes to excise on tobacco in this budget because I believe the high price is now...

Budget Statement 2010 (9 Dec 2009)

Brian Lenihan Jnr: The scheme will have the environmental benefit of removing some older, potentially less safe and polluting vehicles from the road. Details of the scheme are provided in the summary of budget measures. Getting Credit Flowing In light of the massive State commitment to the banking sector, I am determined that there will be a return to the taxpayers of this country in the form of credit which...

Budget Statement 2010 (9 Dec 2009)

Brian Lenihan Jnr: -----and this Government has not hesitated to offer this crucial sector support where it was most needed. We responded rapidly to the pig dioxin crisis last year, where we provided some €200 million to save that industry and the jobs within it. We have made a large investment in agricultural infrastructure through the farm waste management scheme. We remain committed to supporting an...

Budget Statement 2010 (9 Dec 2009)

Brian Lenihan Jnr: Investment in visitor attractions will be increased threefold to €22 million. As an imaginative initiative to increase tourism numbers next year, Iarnród Éireann has agreed to participate in a new scheme, to be developed by Fáilte Ireland, aimed at senior citizens visiting Ireland from abroad. This group will be offered vouchers for greatly discounted rail travel throughout Ireland....

Budget Statement 2010 (9 Dec 2009)

Brian Lenihan Jnr: Yes, we have endured a traumatic 18 months.

Budget Statement 2010 (9 Dec 2009)

Brian Lenihan Jnr: The speed and ferocity of the recession has knocked us off our stride but the innate advantages that brought us the boom have survived the downturn. We have taken a step back-----

Budget Statement 2010 (9 Dec 2009)

Brian Lenihan Jnr: -----but we have in place a plan to take us forward on the path of sustainable economic growth. That plan is working. Unemployment will not be as high as previously forecast, our tax receipts have begun to stabilise, consumer confidence is beginning to revive and our export figures are the healthiest in Europe. As we begin to emerge from the unrelenting economic gloom of the last 18...

Budget Statement 2010 (9 Dec 2009)

Brian Lenihan Jnr: Now more than ever, we need that confidence on which business and work thrives. The measures contained in this budget, some of them unpalatable, will engender that confidence. We have taken the hard decisions but we have been fair. We have preserved the real value of social welfare for those most in need. We have protected older citizens. We have reduced the cost of public services. We...

Budget Statement 2010 (9 Dec 2009)

Brian Lenihan Jnr: We have cut taxes to protect jobs in retail and tourism. We have maintained significant investment spending to promote future growth. We have announced measures to save jobs, stimulate employment and protect the environment. Our plan is working.

Budget Statement 2010 (9 Dec 2009)

Brian Lenihan Jnr: We have turned the corner. I commend this Budget to the House.

Budget Statement 2010 (9 Dec 2009)

Brian Lenihan Jnr: It has been adopted.

Budget Statement 2010 (9 Dec 2009)

Brian Lenihan Jnr: When I presented the supplementary budget to this House last April, I said we could work our way through this period of severe economic distress. Today, I can report that notwithstanding the difficulties of the past eight months, we are now on the road to economic recovery.

Budget Statement 2010 (9 Dec 2009)

Brian Lenihan Jnr: It is of enormous benefit that the main political parties in this House share a common understanding of the extent of our difficulties and even if we disagree on how to solve our problems, our agreement on the amount of savings required sends a powerful signal to the rest of the world that we are able and willing to put our own house in order. Today, I want to tell the Irish people that even...

Budget Statement 2010 (9 Dec 2009)

Brian Lenihan Jnr: The international economy has exited recession. Recent indicators suggest that economic activity in this country is turning the corner, and my Department expects a return to positive growth within the next six to nine months. GDP has fallen by approximately 7.5% over the past year, which is the largest fall since records began. Average GDP for 2010 as a whole is projected to be down by...