Conor Murphy Unveils Economic Vision for Northern Ireland

The new economic plan aims to boost productivity, create good jobs, and address climate change.

Conor Murphy, Northern Ireland's Economy Minister, outlined his economic vision, focusing on increasing productivity, creating good jobs, achieving regional balance, and reducing carbon emissions.
The plan leverages the Windsor Framework to grow exports and attract more investment, taking full advantage of the all-Ireland economy.
Murphy emphasized the importance of addressing Northern Ireland's chronic underperformance and weak productivity, which have been exacerbated by external shocks such as Brexit, the pandemic, and energy price inflation.
Despite challenges, there are no immediate plans to reduce corporation tax, with Murphy highlighting the need to prioritize public services and use existing economic levers effectively.
The economic strategy also includes investment in skills, research and development, and innovation to drive productivity, alongside a commitment to reach net zero by 2050.