The National Competitiveness Council published the third Annual Competitiveness Report on Friday 26 May. This monitors Ireland's competitiveness relevant to our main trading partners and competitors using a broad range of statistical indicators. The council also published the Competitiveness Challenge 2000 report which contains a series of recommendations to the Government on action required to maintain and improve competitiveness. These recommendations are presented within the framework of the seven priorities which the council has identified for its work – social partnership, people, costs, infrastructure, telecommunications and e-business, competition and regulation, and science and technology. The council has placed particular importance on swift and effective implementation of required changes and measures. In this regard, it has emphasised the importance of implementing the national development plan and accelerating the modernisation of the public service through the Strategic Management Initiative.
I have arranged for copies of both reports to be placed in the Oireachtas Library. The Government greatly appreciates the work and advice of the council and relevant Ministers will give careful consideration to its recommendations.