Government to bring proposals to boost competitiveness amid economic tensions

Proposals to make Ireland more competitive amid disruption to economic norms are to be brought before Ministers on Tuesday morning.

Tánaiste Simon Harris, who is also Minister for Trade and Foreign Affairs, is to update colleagues on plans to make Ireland more competitive.

Harris will present an assessment of the Letta and Draghi reports, which set out visions for the EU’s Single Market and competitiveness, respectively.

He will also update the Cabinet on the EU and UK committing to improve relations ahead of the a high level EU-UK summit on May 19th, the first once since Brexit.

Minister for Enterprise, Peter Burke, is to seek approval to fast-track an action plan on competitiveness and productivity over the next 12 weeks.

It is understood the plan will cover reducing the cost and regulatory burden on businesses, investing in infrastructure, digital regulation, energy reform, trade, innovation, and research and development.

The plan is being accelerated to ensure that any…