What Fine Gael would do with the national finances

6th January, 2010

The Fine Gael ’Jobs Budget’ would take 50,000 people off the Live Register in 2010 and more than 175,000 by 2013. The Fine Gael plan is driven by a determination to get people off dole queues and back to work, to improve our competitiveness and to correct the fiscal crisis in a fair and balanced manner.

See the Power Point:


Jobs are the focus of Fine Gael’s Budget perspective for 2010. We have to fix our budgetary crisis in a fair and balanced way and we have to restore our competitiveness as a nation, but the top priority for Fine Gael is to get our country back to work. If we don’t get our people back to work we won’t fix our budgetary crisis – it’s as simple as that. That is why Fine Gael has relentlessly pursued pro jobs policies over the last 12 months culminating in the policies and proposals announced in the run-up to this Budget.

Fine Gael’s Budget proposals would see 50,000 people taken off the Live Register in 2010 and 175,000 by 2013. This is based on a combination of the impact of:

  • A major cut in the jobs tax (PRSI on employment);
  • The roll out of our €18bn NewERA stimulus plan;
  • Targeted youth unemployment initiatives;
  • Abolition of the airport tax;
  • Reversal of the recent VAT increase and short term reduction in the 13.5% VAT rate to 10%.

Fine Gael faces up to the challenge of correcting the crisis in our national finances by making tough choices to generate a net deficit reduction of €4bn whilst allowing for the above pro jobs proposals.