Udaras chairman warns of difficult road ahead

Údarás na Gaeltachta has said that it maintained its job levels last year despite the the deteriorating economic climate in the latter half of that year.

However in its economic report the chair of Uduras said it had experienced the most difficult and challenging period in the history of the organisation.

The Uduras 2008 Annual Report states that a total of 1,269 new jobs were created in 2008 and 1,024 new full-time jobs were approved that year, involving a total investment of over €100m.

Total employment in Údarás assisted-companies stood at 8,193 at year-end.

Liam Ó Cuinneagáin, Chairman of Údarás na Gaeltachta said the 2008 results are a source of hope and encouragement.

However he the sudden change in the economic climate, the exchequer cutbacks arising from that and the significant decline in the organisation’s income from the sale of assets greatly restricted the operations of the organisation during.

Mr Ó Cuinneagáin says that as a result, it will be very difficult for An tÚdarás to meets it’s employment targets the current year”