The basis of our economic policy should be the reduction of inflation and improving competitiveness by driving down costs to ensure companies continue to invest in Ireland and provide jobs that are needed. Economic growth must be enhanced. The Taoiseach attended a function in Galway last Saturday night and he spoke about Ireland's position in the world economy in terms of growth. Officials from various EU member states meet our Ministers and officials at Council meetings and they are envious of Ireland's economic growth. While growth is not in double digits anymore, it is much better than in other member states. Our economic growth needs to be enhanced and fertilised so that we can eradicate the inflationary and anti-competitive weeds. We need to ensure core industries are examined and costs are reduced so that we can create a competitive environment.