No 'silver bullet' in Budget - Taoiseach

Friday 03 April 2009 22.09
Brian Cowen - Govt will not go after 'most vulnerable'
Brian Cowen - Govt will not go after 'most vulnerable'

Taoiseach Brian Cowen has said that there would be no ‘silver bullet’ from Tuesday's Budget and the Government would not be going after those who are the most vulnerable.

For more on the supplementary Budget

He admitted that the Government will be looking at the number of junior ministers, which will form part of the overall reform of Government.

In relation to Ireland's standing in the world, he said that after the Budget there would be teams going out to global markets to assure them of what we have done so far such as the State Guarantee Scheme.

He said Ireland needs to get out to the markets and correct inaccuracies and bring confidence back.

In relation to the banks, Mr Cowen said that there has been a certain element of denial by banks in the past but we now have to enable them to get back to their core franchise of dealing with the ordinary man on the street and businesses that need access to credit.