No. I am currently bringing forward the first annual report on the NAPS. Some of the targets set when that plan was put in place a number of years ago have been effectively met. When it was compiled it was hoped unemployment would be down to a rate of 6 per cent by 2007. The current rate is 6.7 per cent. Therefore, a 6 per cent rate will be reached well in advance of the target date set in the plan.
Given the work we have done on the unemployment rate in the past couple of months, we anticipate it will be down to 5 per cent, which is even lower than the rate we anticipated under the employment action plan, which commenced in September 1998. At that time we expressed the view that the rate would fall to 7 per cent over the period of the plan, a target that has already been exceeded. At the time the Tánaiste and Minster for Enterprise, Trade and Employment expressed the hope that the rate would be reduced to 5 per cent.
I am currently considering re-energising the targets with a view to creating even more ambitious ones. I plan to shortly introduce new targets on what we should do to address indicators on the level of poverty. Ultimately, the route out of poverty is by providing people with the opportunity to find jobs.
I am not making a political point when I say there has been a sea change in the last number of years. Many of the figures often quoted inside and outside the House are old. For example, an ESRI report on child poverty indicated that 28 per cent of children are living in a state of poverty or in a level of relative poverty. That was a 1994 figure and it is already acknowledged the level of consistent poverty has fallen. We still have a job to do and there are difficulties, but we are moving to create a better and more inclusive society.