Sinn Féin Senator David Cullinane has said the announcement of a reduction in state aid to disadvantaged areas is a bombshell and a snub to the hopes of the South East.
Senator Cullinane was speaking after Minister Richard Bruton appeared at the Jobs, Enterprise and Innovation Committee.
‘The minister today has dropped a bombshell that state aid supports to the most disadvantaged areas will be reduced. The economic downturn has impacted differentially across the state.
“Areas such as the South East have the highest levels of disadvantage, highest levels of job losses and the lowest rates of investment. The IDA continually fails to meet their own limited region target of having 50% of investment outside of Dublin and Cork.
“This is a snub to the committee’s recommendations and the hopes of the South East. It will impact on disadvantaged areas. The minister needs to stand up for these regions and put in place supports to ensure that regions such as the south east can deliver economic and jobs growth.”