John Bruton
Ceist:14 Mr. J. Bruton asked the Taoiseach the strategies, if any, under consideration in his Department for the International Financial Services Centre in view of the turbulence in world financial markets. [21044/98]
Vol. 496 No. 4
14 Mr. J. Bruton asked the Taoiseach the strategies, if any, under consideration in his Department for the International Financial Services Centre in view of the turbulence in world financial markets. [21044/98]
At my request, the IFSC clearing house group is preparing a strategy for the development of the international financial services industry in Ireland, building on the success of the IFSC. This strategy will primarily focus on the need to maximise the level of sustainable economic activity and employment in international financial services in Ireland, building upon the existing activity in the IFSC. This should encompass not only the number of jobs, but also the quality of employment and activity, and the possibility of enhancing sustainability through links to related sectors such as shared services and electronic commerce. The strategy will outline a clear vision for the Government to adopt and implement.