Seanad debates
Wednesday, 2 July 2003
Forfás Consumer Pricing Report 2003: Statements.
The key to reducing inflation is to improve competitiveness. The Government is already taking measures to improve our competitiveness in key areas. These include strengthening competition throughout the economy, implementing specific measures to tackle cost pressures in key areas such as insurance, increasing investment in research, technology and innovation which will provide the basis for future growth in productivity, and continuing to invest in key infrastructure such as broadband telecommunications. On the specific issue of enterprise competitiveness, Enterprise Ireland has recently introduced a special competitiveness fund designed to help firms improve productivity and strengthen their overall competitiveness.
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