Press release
Minister Fleming publishes 2020 Progress Report for Ireland for Finance showing employment in International Financial Services at its highest level
Published on
Last updated on
Published on
Last updated on
The Government has approved the 2020 Progress Report for the Ireland for Finance strategy, which recorded the highest level of direct employment achieved in the International Financial Services (IFS) portfolio with 50,000 jobs. Despite the challenges that the Industry faced in 2020 the IFS sector proved resilient in face of the pandemic and the uncertainty around the end of the Brexit transition period. Another significant achievement in 2020 was the passing of the Investment Limited Partnerships legislation, a long standing ask of Industry and a priority for the Ireland for Finance strategy.
Minister Fleming commented:
“I want to thank all of the people working in the IFS sector in Ireland, and our partners abroad, for all their hard work and determination during a very difficult year in 2020. Notwithstanding the challenges we faced, direct employment in the sector is at an all-time high and we continued to make good progress in advancing our four priorities; Fintech, Sustainable Finance, Diversity and greater Regional development.”
“My focus now turns to working with all stakeholders in achieving our agreed priority actions for 2021 and then turning in the autumn to shaping our key goals for the Sector for 2022.”
ENDS