Skip to main content

Contact     Events    Union jobs     Join a union    

  • twitter
  • facebook
  • youtube
  • flickr
Home
  • What Unions Do
    • Why join a union?
    • Join a union
    • Browse our unions
  • Our Work
    • Campaigns
      • A New Deal for Retail & Distribution Workers
      • Education Sector Group
      • Energy Sector/ Just Transition
      • Health Sector Group
      • Raise the Roof
    • Economy
      • Test page
    • Education & training
      • Courses
    • Environment
    • Equality
      • Disability
      • Gender Equality
      • Race
    • Global solidarity
    • Health & Safety
      • Safety Representatives
      • Workers' Memorial Day
    • This is a test
  • About Congress
    • History of Congress
    • Affiliated unions
      • Associate members
      • Trade councils
    • Affiliations & Representations
      • Republic of Ireland
      • Northern Ireland
      • International
    • Northern Ireland
    • Conferences
      • Motions
    • Staff & Executive Council
    • Committees
    • Union jobs
  • Media
    • News
    • Blog
  • Publications
  • Conference

Breadcrumb

  1. Home
  2. News
  3. BUDGET MUST INJECT LIFE INTO STAGNANT ECONOMY

BUDGET MUST INJECT LIFE INTO STAGNANT ECONOMY

September 19, 2013
Crossing crowd

 

The government must use Budget 2014 to stimulate demand and inject life into the economy, as new data from the Central Statistics Office confirms continued stagnation and a lack of growth, the Irish Congress of Trade Unions said today (October 19).

Speaking ahead of a meeting with government ministers on the Congress pre-Budget Submission, General Secretary David Begg said:

"We shouldn't delude ourselves over a few blips in the latest CSO data. The underlying, core figures point to more of the same, particularly with regard to the domestic economy, with domestic demand down again (-1.1%), along with personal expenditure (-1.3%). In addition GDP is also down (1.2%). The overall picture is depressingly familiar.

"We are now in the sixth year of stagnation and after six years of doing the same thing, it is clear that we need a dramatic change of course if we are to pull the economy and wider society out of the mire.

"We need a raft of growth and job-friendly measures included in Budget 2014. We need to stop doing further harm and to invest and inject life into the economy in order to stimulate demand and create jobs," Mr Begg said.

He said that Congress was calling for the full use of the proceeds of the Promissory Note Deal to reduce the size of the planned budget adjustment; a stimulus package of €4.5 billion over the next two years and tax increases targeted at the wealthiest sectors of society.

 

  • Twitter
  • Facebook
  • Linked in

Latest

Crowd sitting at event
Here is a publication
30 Apr, 2025 | Publication
EU flag
Example publication
30 Apr, 2025 | Publication
Crowd sitting at event
Test Blog
30 Apr, 2025 | Blog
Middle East Israel Palestinian
This is a blog
30 Apr, 2025 | Blog
Crowd sitting at event
This is a news story
30 Apr, 2025 | News
Factory
This is a news story
30 Apr, 2025 | News

Congress logo white

Privacy policy

We use necessary cookies to make our site work. We also use analytics cookies that don't track users to help us improve it. See our Privacy Statement & Cookie Policy.

Read the Congress Whistleblowing / Speak Up Policy.

Committee members can login here.

Follow us

  • twitter
  • facebook-f
  • youtube
  • flickr

Irish Congress of Trade Unions

31/32 Parnell Square
Dublin 1
Ireland
Tel: +353 1 8897777
Fax: +353 1 8872012
Email: congress@ictu.ie

Copyright ©, Irish Congress of Trade Unions, 2021. Website by Infobo.

Footer

  • Privacy policy
  • Cookies
Home
ICTU
  • What Unions Do
    • Why join a union?
    • Join a union
    • Browse our unions
  • Our Work
    • Campaigns
      • A New Deal for Retail & Distribution Workers
      • Education Sector Group
      • Energy Sector/ Just Transition
      • Health Sector Group
      • Raise the Roof
    • Economy
      • Test page
    • Education & training
      • Courses
    • Environment
    • Equality
      • Disability
      • Gender Equality
      • Race
    • Global solidarity
    • Health & Safety
      • Safety Representatives
      • Workers' Memorial Day
    • This is a test
  • About Congress
    • History of Congress
    • Affiliated unions
      • Associate members
      • Trade councils
    • Affiliations & Representations
      • Republic of Ireland
      • Northern Ireland
      • International
    • Northern Ireland
    • Conferences
      • Motions
    • Staff & Executive Council
    • Committees
    • Union jobs
  • Media
    • News
    • Blog
  • Publications
  • Conference
Clear keys input element