The Ministers met with Director General of the IoD (UK) Miles Templeman along with local IoD Chairman Joanne Stuart and Divisional Director Linda Brown.
Mr Robinson said: “The economy is in a difficult period with the credit squeeze from financial institutions, high food and energy prices and falling house prices impacting on local businesses, consumers and the construction sector.
“These are challenging times for all of us and I welcome this opportunity to meet with the Institute of Directors and to hear more about how directors of companies are fairing in these difficult times. We will consider what we, as an Executive, need to do not only to ensure that our top priority of growing a dynamic and innovative economy is maintained but that we can also help those who locally are in most need.”
Mr McGuinness said: “With the current global financial problems and rising commodity prices, it is more important than ever that we deliver on the commitments laid down in our Programme for Government.
“We, as political leaders need to minimise the negative impact to businesses in this current financial climate. Whilst our overarching aim is to grow a dynamic and innovative economy, we also need to invest in our infrastructure, protect and enhance the environment, deliver high quality and efficient services as well as promoting tolerance, inclusion, health and well being.”
The Ministers have already met with senior local representatives of the main financial institutions and also plan to meet with various sectoral groups (including the construction industry, energy providers, regulators, Trade Unions and the Social and Voluntary sector) to discuss the implications of the current economic slowdown.
Notes to Editors:
- The Institute of Directors (IoD) is an association of members that forms a network reaching into every corner of the business community. IoD membership spans the whole spectrum of business leadership, from the largest public sector companies to the smallest private firm. Membership of the IoD is individual - each new member joins the IoD in his or her capacity as a director or person of similar status. Members receive a variety of benefits including information, advice, training, conferences and publications to help them maximise their potential. They also have an influential organisation on their side - representing their concerns to government - and at their side - providing professional business support, wherever it is needed.
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