Vol. 524 No. 1
98 Mr. Durkan asked the Tánaiste and Minister for Enterprise, Trade and Employment if she has satisfied herself that the current fundamental growth indicators provide the proper environment for long-term enterprise and trade prospects; and if she will make a statement on the matter. [21863/00]
Over the past number of years our economy has advanced in leaps and bounds. We have seen lev els of growth in GDP and GNP which are the envy of the world, we have reduced unemployment to below 4.5%, our debt to GDP ratio fell to 47% at the end of 1999, we have improved the competitiveness of our businesses significantly and our exports and trade surplus have risen very substantially.
These statistics reflect the strength of our economy. They are a result of a blend of policies, including the partnership agreements which provided wage and fiscal stability, significant investment in education and training and investment in infrastructure, which have all contributed to establishing the conditions that permit enterprise to flourish.
However, there is no room for complacency. We need to continue to work to build on these achievements and to counter potential threats to progress. The national development plan will help to unblock the infrastructural constraints which have emerged. Work on ensuring the continued availability of skilled and unskilled labour is under way, particularly through the Forfás expert group on future skills needs. Investment in scientific and technological innovation through the technology foresight fund will enhance our position as a centre of high-tech expertise.
In this context, I am confident that the progress which we have made will continue.
Questions Nos. 99 and 100 taken with Question No. 86.
