Finance Update [Day 1145]

Day 1,145, 01:26 Published in Ireland Ireland by Dubhthaigh


Good morning readers, and welcome to another Irish Finance Ministry Update. I'd like to take this opportunity to congratulate CelticTiger on his election success, and convey my utmost confidence that his term will productive and progressive. This issue is divided into four main areas:

i: Economic Analysis.
ii: The Solidarity Campaign [Please Read!!!].
iii: Ministry Plans.
iv: Useful Links.




As many of you are aware, last term I began an overall assessment of the Irish economy by publishing a research article regarding the Job Market. If you are interested this can be found about two articles ago in this newspaper. This month i'll be continuing that work and have already begun the next stage: An exploration of Irish Companies.

Today I contacted every Irish company with one or more employees, asking them to complete this survey. Questions were designed to gain feedback on the areas of employment, economic viability and wages. I am hopeful of a large-scale response, the data of which should enable me to make some general comments on the economy. The answers will also enable me to begin pinpointing more specific areas for economic change and improvement.

This second installment of the economic review will be hitting the media, Dail and President before the 15th of January. I hope that the data included will support the conclusions i drew from my first report, otherwise it might be time to slink quietly back into the shadows...




The full set of information about this initiative can be found here. I'll go into a little detail in this article anyway. So what do you need to know?

The Solidary Campaign is a relaunch and revamp of the G-Irish initiative, but before you skim read the rest of this section there are some important details to note. The Solidarity Campaign relies on advertising and branding to ensure that citizens know the company they are buying from is truly Irish. An official list of participant companies will be maintained in the Finance section of the national forum. A link to this will also be shouted by the MoF, inserted at the bottom of Finance articles and be the permenant New Ireland Bank status. 'Solidarity' will also be put infront of each company name.

Be sure to cross-reference the company name with that on the official list before buying any products!

As before, the initiative is designed to encourage Irish citizens to buy truly Irish goods over foreign imports, meaning our businesses will ultimately be more successful. If you are an interested business owner please click the information link above and follow the instructions given.

The Final important nugget of information that i'd have you read is that 'Solidarity' is not just an initiative, it is a Union. All accepted companies will become a part of the organisation and will elect an official representative. Some basic features: Representative elections, a charter, facilities for furtheing business opportunities. I hate to sound repetetive, but you really should check the forum for all the enthralling details.




Along with the work above, the Finance Ministry has its eyes on other areas- the first being a state budget. As with last terms budget I hope to be able to provide a complerehensive assessment of what we can expect to spend in each department over the coming term. This should take roughly two days before it can be published to the Public, Dail and President.

Another area of interest is the Monetary market. Towards the end of last month I was already researching this area, and came to the conclusion that the potential profits for currency providers were lucrative enough to be causing damage to the economy. That is, not only was the rate volatile (bad for business), it was always engineered to rip off those who needed it most urgently. With that in mind i'll be assessing the best way stabilise and enforce the rate.

As per last month i'll be keeping a record of my activities in theFinancial Records thread.
Furthermore, i'll be maintaining a presence in the Economics thread if anyone has any issues or questions.




Economics Discussion.
The Finance Area.
The Solidarity Initiative
Financial Records
Official Solidarity Participants.

Regards and salutations, Dubhthaigh.Minister of Finance and Vice President.

P.s. I apologise for any typos, the keyboard at my grandparents house is murderously stiff.