Strengthening Competitiveness

Competitiveness is essential as a means of achieving sustainable improvements in living standards and quality of life.

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Enhancing Ireland’s competitiveness

Fine Gael has turned a blind eye to successive warnings from the National Competitiveness Council (NCC). The “Costs of Doing Business in Ireland” reports are a damming indictment on current competitiveness policy and empathetic on Ireland’s position as a high cost location across several cost metrics including childcare, property, insurance, transport, energy and business services.

Competitiveness is essential as a means of achieving sustainable improvements in living standards and quality of life. The ESRI have estimated that industrial output would increase by 1.7% if we improved our country’s competitiveness.

Fianna Fáil’s plan to strengthen our competitiveness

  1. Implement the National Competitiveness’ Council’s recommendations

    Ensure the swift implementation of recommendations of the National Competitiveness Council.

  2. National Infrastructure Commission

    Establish a National Infrastructure Commission to implement Ireland 2040 as this would oversee the implementation of long term capital plans. Currently there is no oversight on which projects are to be prioritised. It is crucial for Ireland’s development that there is connected thinking when it comes to planning frameworks and capital plans.

  3. Bring down insurance costs

    Introduce insurance reforms to reverse the soaring prices of motor and business insurance. These include clamping down on false insurance claims and reforming the personal injuries assessment board.

  4. Strengthen entrepreneurship supports

    Enhance competitiveness by strengthening entrepreneurship supports via tax incentives and creating a more conducive environment for SMEs to bridge the gap with competitor nations.

  5. Reduce childcare costs

    Ensure adequate childcare supports are in place to give working families the help they need.

  6. Defend Ireland’s 12.5% Corporation Tax Rate

    We will continue to defend this tax rate as a core Member State competency and one of several key planks to continued FDI investment and high quality jobs.

All Issues in The Economy

A Better Banking System

Ireland needs a fully functioning, competitive and stable banking system to support a growing economy and a more cohesive society.

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Capital Infrastructure

A lack of investment in capital infrastructure, in social housing, in schools, in third level institutions, in roads and in internet connectivity is creating an Ireland with a more unequal society.

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Corporation Tax

As a small open economy on the periphery of Europe, Ireland must remain a competitive place to do business.

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Creating Decent Jobs

Low pay and casual working arrangements prevent people from getting mortgages, entering rental agreements and being able to make financial commitments.

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Fiscal Stance

Ireland’s economic recovery has been remarkable and belongs to the people.

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Taxation

Fine Gael is determined to move to a US-style income tax system whereby taxes are cut for the richest in society.

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Strengthening Competitiveness

Competitiveness is essential as a means of achieving sustainable improvements in living standards and quality of life.

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Supporting SMEs and the Self-Employed

Ireland’s small and medium sized businesses (SMEs) are the back bone of our economy and employ nearly 1 million workers.

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