Bernard J. Durkan
Question:205 Mr. Durkan asked the Minister for Finance the extent to which economic and budgetary developments have affected the Programme for Prosperity and Fairness; and if he will make a statement on the matter. [5883/02]
Written Answers. - Programmes for Government.
Significant progress has already been made in implementation of the PPF and, to date, seven progress reports have been presented to the Houses of the Oireachtas and to the social partners. However, as agreed with the social partners, the pace of progress has to reflect economic growth. The likelihood of growth below the PPF forecasts this year therefore requires us to be flexible, while maintaining our capacity to accelerate the rate of progress over subsequent years. This underlines the importance of positioning the country to take full advantage of a recovery in the face of global economic activity when it comes. In this regard safeguarding our competitiveness, including maintaining adherence to the terms of the PPF, remains vitally important.
Question No. 206 answered with Question No. 77.