Earlier this week, the former chief executive of the country’s inward investment agency, Martin Shanahan, repeated a warning that global companies are “frustrated with the slow response in addressing infrastructure shortfalls in areas like housing, energy, water and transport”.
IBEC’s chief economist, Gerard Brady, said that “unlike in the past” there is the chance to tackle these issues, given the government is running a budget surplus.
“Budget 2025 should prioritise global competitiveness by enhancing investment offerings, fostering innovation, and investing in critical skills and infrastructure to drive our economy forward.
“This can only be achieved by addressing strategic priorities rather than diluting resources with widespread handouts,” he added.
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