17/12/2013

Government Launch Economic Growth Plan

Unemployment in Ireland will not fall below 10% before 2018, the government's new economic plan has said.

The newly published Strategy for Growth has predicted an unemployment rate of 8.1% by the year 2020.

The document also lays out predictions for economic growth, saying that by next year it will reach 2%, then 2.3% in 2015 and 3.0% in 2020.

Described as a "roadmap for the Irish economy", the full document can be read online.

(MH/JP)

Related Irish News Stories
Click here for the latest headlines.

08 August 2014
Fine Gael Welcomes ESRI Report
The latest report from the Economic and Social Research Institute (ESRI) has been welcomed by Fine Gael. They have described it as a "testament to the policies implemented under the current Government.
04 March 2014
IFA Calls For Minister To Act On Beef Crisis
Addressing a major protest of beef farmers outside the Department of Agriculture today, IFA President Eddie Downey said Minister Simon Coveney's Food Harvest 2020 plan is failing beef farmers, who face losses up to €175m this year if beef prices are not restored.
06 December 2013
Ministers Appoint Members To The Board Of SFI
Minister for Jobs, Enterprise & Innovation, Richard Bruton TD, and Minister for Research and Innovation, Seán Sherlock, TD have formally appointed three members to the Board of Science Foundation Ireland (SFI). Ann Riordan has been appointed Chairperson of the Board of SFI and will be joined on the Board by Geraldine Ruane and Aidan Donnelly.
19 July 2010
Farming Sector To Stimulate Economy
Taoiseach Brian Cowen has today launched a new agri-food sector strategy saying it has a major role to play in Ireland’s economic recovery.
05 April 2011
McEntee Calls For Positive Approach To Beef
The Minister of State for Food, Horticulture and Food Safety, Shane McEntee TD, today highlighted the tremendous potential of the beef sector and called for a positive approach to its development.