IBEC Pre-Budget Submission Suggests “Common Sense Approach”

Today’s pre-budget submission by the Employers’ group IBEC suggests a “common-sense approach“, says BDO Limerick Partner Ger Holliday.

“With five years of austerity behind us, we must look forward and stimulating the home economy must be a priority. We are already on the record as saying that indigeneous companies are the future of Ireland’s return to growth. SMEs employ 69% of the country’s working population and generate €40 billion annually, but we are still under-performing and are not realising our potential to grow.”

“We welcome IBEC’s pre-budget submission today along with the new Jobs Plus initiative which is now open to employers and offers a fixed grant payment for employing people on the live register. It really is time to support those Irish SMEs who have survived this recession and are our biggest hope of returning the country to prosperity,” says Ger Holliday.

Speaking at a BDO Event last month, Senior Lecturer in Economics, Stephen Kinsella, echoed the sentiments of Ger Holliday. In this podcast Dr. Kinsella says it’s time for Government to turn its attention to indigenous Ireland is we are to turn the tide on this recession.

Stephen Kinsella speaks at the BDO Limerick Future Proof Your Business Event in Tralee

Read the full text of IBEC’s pre-budget submission here  IBEC_Logo

 

Read the RTÉ news report here

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BDO is a firm of registered auditors and is registered to carry on audit work in Ireland and the UK by the Institute of Chartered Accountants in Ireland. Details about our audit registration can be viewed at www.auditregister.org.uk under reference number 223876. BDO is also authorised to carry on investment business in the Republic of Ireland by the Institute of Chartered Accountants in Ireland.