Question Time: Enterprise, Trade and Investment 20 January 2015
What impact
will the proposed devolution of Corporation Tax have on job creation and inward
investment? That was one of the questions asked of Enterprise, Trade and
Investment Minister, Arlene Foster, during today’s Question
Time. “Corporation tax can be a major stimulus for jobs and investment in
our local economy. Bringing about a step change in economic performance is not
possible without implementing new powers.” The Minister expects the economy to
grow by 11% as a result of changing the corporation tax level to 12.5% from
April 2017.
Mrs Foster
also gave her assessment of the latest Tourism Ireland overseas visitor
numbers. The Minister described the figures as “very positive” and expressed
her confidence that Programme for Government tourism targets will be met. She
also spoke of her focus in working with different airlines to get routes from
Canada, Germany and the Middle East direct to Northern Ireland.
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