Programme for Government will help Ireland 'grow its way out of recession' - Troy

(Above) Deputy Robert Troy.

The ambitious new programme for government will enable Ireland to “grow its way out of recession”, Deputy Robert Troy says.

Over four months since the general election, Fine Gael, Fianna Fail and the Green Party have finally agreed a programme for government for the next five years. The programme includes commitments to build 50,000 social and affordable housing over the course of the government, a job stimulus plan in July that primarily focuses on small and medium enterprises, a national recovery plan in October and a 7% reduction in carbon emissions.

Speaking this afternoon, Deputy Troy said that the programme will “tackle the challenges that were there in advance of COVID 19” and have since been been compounded.

The Ballynacargy native, who is tipped by many to be in line for a ministerial portfolio, said that he is very happy with his input into the document, including greater supports for the SME sector and insurance reform.

He says that the fact that interest rates are exceptionally low means that the next government will be able to borrow the money needed to fund the projects planned for the next five years.

Investment in large scale infrastructural projects will help stimulate the economy and help Ireland “grow its way out of recession”.