Angela Kerins, Rehab Group

17 business and public figures have submitted a comprehensive economic report to the Irish government which they believe, if followed, will lead to the nations recovery.

The report, titled A Blueprint for Ireland’s Recovery, outlines new ways to create employment, reform the public sector, and rebuild diminished international confidence in Ireland whilst reestablishing its collapsed banking system.

Chaired by businessman Philip Lynch and the chief executive of the Rehab Group Angela Kerins, the group submitted its 38-page report to the Department of the Taoiseach (Prime Minister) Enda Kenny last week.

Co-authors of the report include prominent conservatives Michael Berkery, the former chief executive of the Irish Farmers’ Association; the former Taoiseach (Prime Minister) John Bruton; former European Parliament president Pat Cox and Fine Gael strategist Frank Flannery.

Members of the group had no comment for the press about the reports content, however its understood they recommend the Government make even further cuts in public spending, reducing the public sector by about 30,000 jobs and the social welfare system should also be reformed, the report says.

The report also recommends that the states two largest banks, AIB and Bank of Ireland be sold to international buyers.