Technology Ireland calls for more support in the budget

Technology Ireland, the Ibec group that represents the tech sector, said today that the 2022 budget must recognize and support the tech sector as the main driver of the country’s recovery.

He also said the budget should aim to develop Ireland’s foreign direct investment growth model to attract and retain multinational tech companies, support entrepreneurship and support innovation and research and development.

Budget 2022 is also expected to help Ireland fulfill its role in EU digital regulation, build regulatory capacity and lead digital policy issues at EU level, he said.

Ireland’s digital sectors account for around 13% of the country’s GDP and since 2013 the sector has grown at an average of 12% per year.

The sector now directly employs over 210,000 people, while wages in the sector are also higher than elsewhere in the economy.

Technology Ireland director Una Fitzpatrick said the industry has played a central role in keeping Ireland going through the pandemic, adding that technology is making things better for people.

“This is why Ireland must recognize the technology sector as the main driver of recovery in all aspects of our society and economy. It is essential that every aspect of government policy focuses on opening up the way for that recovery, ”said Una Fitzpatrick.

She said Ireland’s tech sector has undoubtedly been one of the cornerstones of the country’s economic and social growth over the past 30 years.

“Ireland is now the envy of many countries, but our current achievements are no guarantee of future success. There are many opportunities ahead for the Irish tech sector, but there are also possible threats and constraints on our growth, ”she said.

“We call on the government to use the 2022 budget to maintain and strengthen the health of the tech ecosystem, not only with passive support, but by modeling the best behavior of GovTech with regards to digital transformation,” he said. she adds.

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