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Dáil Éireann debate -
Wednesday, 2 Feb 2000

Vol. 513 No. 4

Written Answers. - Financial Services Industry.

John Bruton

Question:

36 Mr. J. Bruton asked the Taoiseach if, further to his reply to Parliamentary Question No. 12 of 1 December 1999, he has received the progress report on the implementation of the Government's strategy for the development of the International Financial Service Centre being prepared by the International Financial Service Centre Clearing House Group; and if he will make a statement on the matter. [1722/00]

I published the Government's strategy for the development of the international financial services industry in Ireland last March. The strategy sets out a vision for the development of the international financial services industry in Ireland, building on the success of the IFSC.

As I stated in reply to Deputy Bruton on 15 December, a progress report on implementation of the strategy is being prepared. I anticipate that the IFSC Clearing House Group will finalise the progress report at its meeting later this week and it will then be submitted to Government. I am confident that it will demonstrate a continued strong performance by the IFSC in relation to business growth, employment and re-development in the Docklands.

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