Increased confidence in Ireland’s economy paves the way for further growth

25/07/2014

Fine Gael TD for Dublin Fingal, Alan Farrell, has welcomed the news that confidence in Ireland’s economy has trebled since last year.

 

“It is encouraging that confidence in Ireland’s economy has almost trebled since last year. PwC’s 2014 CEO Pulse Survey has found that eighty-six percent of Irish CEO’s are positive about Ireland’s economic outlook in comparison to the thirty-one percent who felt this way last year. Many businesses and workers have had to go through a very hard few years but this news shows that the Government’s Action Plan for Jobs is working. The Action Plan for Jobs is supporting the transition from the unsustainable model upon which the economy was built to a new growing economic base focusing on enterprise and innovation.”

 

“With many companies throughout Dublin Fingal working in key areas of growth including technology, pharmaceuticals and financial services among others, the fact that confidence in the country’s economic future is growing substantially is positive news as these companies look towards their future. Over half of those surveyed stated that their businesses were financially healthier now than five years ago.”

 

“The economy is on the road to recovery and the Government’s work is on-going. We must continue to provide resources to small and medium sized businesses in order to allow them to grow and create more jobs and to support unemployed people in returning to work.”