Despite the recent economic downturn the Government needs to deliver on infrastructural development projects for the West to protect existing jobs and stimulate job creation, according to Jim Power (left), Chief Economist, Friends First.Mr. Power was speaking at the launch of 'Friends First Socio-Economic Assessment of the West of Ireland' report in Galway today, reports Businessworld.ie. The assessment examines the effect that the economic boom has had on the socio-economic fabric of the west; the current economic conditions of and the future outlook for the region.
Speaking at the launch of the report Mr. Power said: "One of the most worrying features of the strong Irish economic performance of recent years has been the unbalanced nature of regional economic growth and development. These regional imbalances and disparities are now being seriously exposed by the savage recession. It is critical that infrastructural developments are not delayed or postponed despite the challenging economic conditions."
