ISME: Budget is a 'lost opportunity'

ISME have criticised the fact that today’s Budget has provided "few incentives" to help smaller enterprises to remain in business.

The Irish Small & Medium Enterprises Association described the Budget as a "lost opportunity" that has failed to recognize the plight of small businesses and failed to introduce stimulus measures that would assist them in maintaining employment and remain competitive.

The association acknowledged the badly needed cuts in public sector pay but urged the Government to implement the cuts in full and not be influenced by the expected onslaught of protest from the public sector unions.

The reductions in social welfare payments and child benefit are "unfortunate but necessary", according to ISME which believes that the decision not to increase income taxes is "a wise move".

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