Ó Muilleoir calls for stimulus measures
Finance Minister, Máirtín Ó Muilleoir called on the Treasury to release funds to boost the local economy including capital investment in our infrastructure.
The Minister was speaking after a meeting with Quarry Products Association, which took place at the Craigantlet Quarry, as he continues exploring ways in which the Executive could create a local stimulus package.
The Minister said:
“I met the Quarry Products Association and heard firsthand from industry representatives about the issues they are facing. Amongst these is the need for certainty in investment for infrastructure.
“The Executive’s allocation of capital funding for key infrastructure projects identified in the Fresh Start Agreement will go some way towards providing this however, in the wake of the EU referendum it is incumbent on the British government to release the necessary funds to stimulate the economy, boost the construction sector, and support local employment.
“I spoke to the Chancellor recently and urged him to bring forward measures to address the difficulties caused by the referendum result."