Seanad debates

Tuesday, 18 February 2003

Finance and Related Matters: Statements.

 

I am pleased that inflation appears to be coming down. A certain commentator, who listened to a Fine Gael spokesman list the various charges and price rises that have taken place – most of them under some Government agency – said the social partners should see if they are getting a decent deal. Another commentator said that as inflation is predicted to come down, they may be getting a better deal than they thought when they negotiated the deal. I believe inflation will come down. Compared to previous economic crises, depressions and recessions, we are starting off in an unprecedentedly strong position, which will be strengthened further if, as I expect, social partnership is concluded.

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