IBEC: Budget must focus on job creation
IBEC today published its pre-budget submission and said that government must prioritise the protection of existing employment and stimulate job creation, "while remaining resolute in reining in the public finances".
IBEC Director General Danny McCoy said: "The priority must be to implement policies that will get Ireland working again, by making better use of existing resources. The Government should front-load adjustments in the public finances in this budget; that way, businesses and consumers will become more confident about future economic prospects.
"There must be no relaxation of the target to reduce the budget deficit to below 3% of GDP by 2013.
"If we make the right decisions now, the economy will emerge stronger from this recession; if we postpone these choices, however, Ireland’s economic malaise could continue for many years," said Mr McCoy.
