The economic recovery is gaining momentum and the Government has a plan to spread its benefits to everyone in Cavan and Monaghan- O’Reilly TD

Speaking after Minister Noonan’s Spring Economic Statement speech in the Dáil yesterday, Fine Gael TD for Cavan and Monaghan has said that “The economic recovery is gaining momentum and the Government has a plan to spread its benefits to everyone in Cavan and Monaghan.”

“Fianna Fáil’s economic legacy and disastrous policies caused years of hardship for many people in this Country and in Cavan and Monaghan. Yesterday’s Spring Statement was a commitment from this Government that it is now time for better living standards and improved public services for the people. Almost every family in Cavan and Monaghan is directly or indirectly affected by emigration, the message that the Government was sending out yesterday is that it is time to give our young emigrants the opportunity to come home. The Government has a plan to create and cultivate the conditions to achieve this vision and the Spring Economic Statement shows that the plan is already working.”

“Since coming into Government in 2011, we have seen a drastic reduction of our national deficit, from €15 billion to €4.5 billion, and a move towards the European average. This was achieved with less tax increases, fewer expenditure cuts and the maintenance of the core social welfare rates, protecting the most vulnerable while getting the economy back on track.”

“We built more schools in the midst of the economic recovery than were built under Fianna Fáil and the Greens in the boom years. In Cavan, we have seen the approval of two new national schools for Mullagh and Virginia and the necessary funding for the long overdue Secondary School in Kingscourt. Two key education projects for the Cavan, which I am keen to see completed, are the Holy Family School in Cootehill and the new Third Level Education Campus for Cavan Institute and I remain committed to assisting their progress”.

“We will achieve the promised 100,000 jobs this year, a year earlier than planned and by 2018, the jobs lost during the crash will have been recovered. I am also pleased to note that our Irish companies here in Cavan, with the support of Enterprise Ireland, have had a strong year and added over 460 jobs in County in 2014, notably in Lakeland Dairies in Bailieborough and Lagan Brick in Kingscourt. In Monaghan, Combilift has created 200 new jobs in their Monaghan Town plant. No one can deny that real progress is being made on the jobs front in Cavan and Monaghan. We have by no means achieved the ideal and more investment and support is needed for our businesses, which I am pleased to note will be the case through the Regional Action Plan for Jobs and Fine Gael’s ‘Standing up for Small Business Campaign. I am particularly interested in seeing the completion of the Enterprise and Technology Centre in Cootehill, which will further enhance the infrastructural development of the town.”

“There are many people who now find themselves struggling with mortgage arrears, and in his speech yesterday, Minster Noonan stated that he plans to meet with the six main lenders in Irish Banking in May, to discuss their plans for reducing interest rates. Coupled with forthcoming reductions in income tax and USC, this Government is committed to putting more money back into people’s pockets.”

“This economic growth and resulting budgetary policy is sustainable and we will ensure that everyone will feel the benefit. Historically, Fine Gael in Government has always been about prudent management of the public finances. The days of austerity are over and Cavan and Monaghan should start to feel the beginnings of prosperity again.”

ENDS

Senator Joe O'Reilly representing Cavan & Monaghan 2010. | An ExSite website