Sinn Féin - On Your Side

Media briefing on Sinn Féin’s Budget 2008 Priorities

28 November, 2007


Sinn Féin TD and Economic Spokesperson Arthur Morgan will tomorrow (Thursday) November 29th brief the media on the party's Budget 2008 priorities @ 11am in Leinster House. Deputy Morgan will be joined by Sinn Féin Dáil leader Caoimhghín Ó Caoláin.

You are invited to attend this briefing. Please contact Sinéad Ní Bhroin @ 087 9266764 to confirm your attendance.

Sinn Féin's priorities for Budget 2008 are:

- Sustaining and sharing economic prosperity
- Improving quality and capacity within public services
- Achieving value for money for tax payers

A prosperous economy needs solid foundations. This requires communications and transport infrastructure, high quality accessible public services, strong social protections and a highly skilled educated workforce. However all of the latter can only be achieved if government maintains healthy public finances.

Sinn Féin was the only party which argued in the run up to the election that, with the slow down in economic growth, government could not afford to cut taxes and maintain public services and economic growth.

Sinn Féin is conscious of the impact of the changing economic climate internationally which is characterised by rising oil prices, the declining value of the dollar and an international credit crunch. We face increasing competition from low wage economies in the accession states and in the middle and Far East. Ireland as a whole continues to suffer from significant infrastructure deficits and lags behind other states in terms of Research and Development capacity within enterprise while the level of engagement of workers in upskilling and re-training remains low.

Government must proactively plan to meet future challenges to the economy - planning and preparation for public services, the infrastructure and the skills that will be needed in the years ahead. Sinn Féin intends to closely monitor the government to ensure that in future prosperity which is created is in turn shared, something that failed to be done to any great extent over the last decade.

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