Enterprise, Trade and Investment

Part of Oral Answers to Questions – in the Northern Ireland Assembly at 2:00 pm on 19 March 2013.

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Photo of Arlene Foster Arlene Foster DUP 2:00, 19 March 2013

Our economic strategy recognises that an over-reliance on the public sector is a key long-term challenge to be addressed.  That, alongside a comparatively small private sector, has contributed to a large fiscal deficit.  In order to grow our economy and enhance prosperity, the economic strategy aims to rebalance the economy by promoting a sustainable and growing private sector with firms competing successfully in global markets.  The strategy also highlights the need to develop the areas of the private sector that offer the greatest potential for growth, including telecommunications, information and communication technology (ICT), life and health sciences, agrifood, advanced materials and advanced engineering.