Minister McGrath addresses Cork Society

Dec 03, 2020
Chartered Accountants Cork Society was delighted to welcome Minister for Public Expenditure and Reform, Michael McGrath T.D. to address members on Thursday 03 December 2020. A Chartered Accountant, the Minister has long been a strong supporter of the work of the Society. 

He began by noting the increased optimism that the progress in Covid-19 vaccine development has generated and gave an overview of the preparatory work underway under the leadership of Professor Brian MacCraith. 

The Minister provided members with an overview of the measures that have been taken on the economic front to date, touching on the ECB’s supportive monetary policy and the Government’s business support schemes. He also reflected on how our economy will change post Covid-19, including the way we work and what that means of our villages, cities and communities. 

Finally, he discussed the potential for Ireland to grow and recover, noting the huge opportunities for Cork. He touched on the large capital investment opportunities within the National Development Plan 2018-2027 and encouraged attendees to review and make submissions to the public consultation for the next National Development Plan 2040, which closes in late January.