President of Limerick chamber welcomes Noonan and O’Sullivan appointments

Mike Dwane

Reporter:

Mike Dwane

PRESIDENT of Limerick Chamber Kieran MacSweeney expects the city will now exert influence at the highest levels in government following the appointments of Michael Noonan and Jan O’Sullivan last week.

PRESIDENT of Limerick Chamber Kieran MacSweeney expects the city will now exert influence at the highest levels in government following the appointments of Michael Noonan and Jan O’Sullivan last week.

THE president of Limerick Chamber Kieran MacSweeney expects the city will now exert influence at the highest levels in government following the appointments of Michael Noonan and Jan O’Sullivan last week.

Deputy Noonan was selected by Taoiseach Enda Kenny as Minister for Finance and is the first Limerick politician to hold this role.

And Deputy O’Sullivan has been appointed Minister of State at the Department of Foreign Affairs, with responsibility for foreign trade and overseas development.

Congratulating both city TDs on their appointment, Mr MacSweeney said: “both portfolios which have been assigned to Limerick candidates are extremely important for the future development and direction of the country”.

“As the Irish export-driven economic recovery continues, the role of trade and foreign affairs is vital and we hope that Minister O’Sullivan will help to secure much needed investment for Limerick.

“Without doubt, finance is one of the most important portfolios and we are confident Minister Noonan has the ability to deliver successful change. We wish both deputies every success as they face the arduous task of reducing exchequer borrowing and returning the country to prosperity and growth.”

Business-friendly initiatives in the programme for government have been welcomed by Mr MacSweeney but he added that the Chamber would not stop lobbying for additional measures for hard-pressed businesses.

“The Chamber welcomes the ... supports for SMEs relating to procurement, bankruptcy and legislation and a commitment to reform joint labour committees. The implementation of a credit guarantee scheme, which the Chamber has consistently called for, should go some way in assisting firms that are on the margin in terms of securing funding,” Mr MacSweeney said.

“We have concerns about the lack of detail in reforming local government, specifically the implementation of the recommendations of the Local Government Efficiency Review and the significant savings that have been forecasted but shall wait for more details to emerge over the coming weeks as Ministers settle into their new roles, as we trust that the new government will deliver on their commitment for much-needed reform.

“We hope that our new government will create the necessary environment to encourage innovation, invention and initiative and wish our two new Limerick ministers every success in the challenges ahead as both have critical roles to play” concluded Mr MacSweeney.