The Small Firms Association (SFA) described the economic outlook for the remainder of the year as positive yesterday, but it warned the Government to restrain public spending.
In its autumn economic statement the group warns that December's Budget would be pivotal in shaping investment policies over the next three years. The SFA called on the Government to continue with existing economic policies and to resist demands for increases in public expenditure.
Any return to highly expansionary budgeting would have a very negative impact on business investment, the association said.
"Necessity, quality and value for money are the benchmarks the next Minister for Finance must use for any increases in public expenditure," said SFA director Pat Delaney.
