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Morgan welcomes government’s decision to progress SF job retention measure

24 June, 2009

Sinn Féin Economic Spokesperson Arthur Morgan has this morning welcomed the government’s decision to progress Sinn Féin’s job retention proposal of the establishment of scheme to subsidise workers in viable businesses struggling during the current recession period. However what we need to see now is delivery from government in this area.”

Speaking from Leinster House Deputy Morgan added:

“Prior to the emergency budget earlier this year Sinn Féin submitted to the government a job retention and creation document entitled ‘Getting Ireland back to work’. The document led with a proposal for the establishment of a €300 million jobs retention fund to subsidise workers in viable SMEs struggling to keep on their employees during the recessionary period. We outlined in the document that the subsidy should apply to each individual job and would be no greater than €200 to be reviewed after 6 months.

“Earlier this week Minister Mary Harney also indicated that she has taken on board a public finance measure on the standardising of pension tax relief put forward by Sinn Féin as far back as 2006 and more recently in our most recent public finance document again submitted to government in advance of the emergency budget.

“Naturally I welcome the fact that the government is finally not only listening to Sinn Féin on such critical issues but is now acting on our proposals. However much more needs to be done and the same commitment the government has shown by its bailing out of the banks and it’s developer friends needs to be made to workers and small and medium sized businesses.

“The Irish Congress of Trade Union’s demand for a €1 billion state investment in job protection and creation measures is correct but Sinn Féin’s believes the government’s investment in this area needs to be substantially more. And more importantly any commitment this government makes needs to be delivered on. Fianna Fáil’s track record of broken promises speaks for itself.

“Sinn Féin would be happy to meet with the Tánaiste and Minister for Finance to discuss further our jobs and public finance proposals and how best they could be implemented.” ENDS

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