Fianna Fáil Spokesperson on Jobs & Enterprise Niall Collins has hit out at the Fine Gael led government for continuing to allow a deeply unfair two tier recovery take hold across the country.
“The latest figures released by the CSO continue to show that economic growth is not being spread evenly across the country with 45% of Irish GDP being generated in the capital, and 53% in the Greater Dublin Area.
“Our regions are not growing at the same pace as the capital, and are being left behind. Large swathes of the country are not contributing to the country’s overall GDP output.
“The Midlands (3.2%); Border (5.4%); West (6.9%), South East (7.3%) and Mid-West (6.3%) are all regions where the GDP doesn’t match their population or potential economic capacity.
“A highly disproportionate concentration of national GDP in one area is, in the long term, bad for our country.
“It’s neither sustainable nor good for Dublin and the regions. Dublin’s economic magnitude in relation to the rest of the country is out of sync with many other capital cities. Take London, for example, it accounts for just 20% of the UK’s total GDP.
“This over concentration, and focus, on the Greater Dublin Area, is the hallmark of Fine Gael’s tenure in Government.
“Six years of Fine Gael led governments has created a deeply unfair two tier recovery. In 2016, the people passed judgement on Fine Gael’s slogan of ‘Keep the Recovery Going’.
“A real recovery is a recovery that reaches deep into every community that lifts all of us up and not just those communities in easy reach of the capital.
“A failure to invest sufficiently in the regions with respect to both physical and digital infrastructure has led to those regions falling behind the capital and the Greater Dublin Area.
“The current Government strategy is woefully out of date. We need a new responsive, industrial strategy that’s fit for purpose for the 21st Century that ensures that every community prospers.
“With a hard Brexit now more likely than not, with severe competitiveness deficiencies in many areas of our economy, now more than ever does the Government, and the Minister herself, need to up their game, and invest in Ireland’s economic future, and not just that of Dublin,” concluded Collins.