I welcome the news from the CSO figures that Ireland's GDP has increased by 26.3%. I share the sentiments of Senators Rose Conway-Walsh and Michael McDowell that the Minister should come to the House to explain the figures exactly. I understand much of the growth is attributed to multinationals and the aircraft leasing industry. However, it has been good news. Sometimes we do not get enough good news and we should share that good news.

Theresa May takes over as Prime Minister of the United Kingdom today. Her view on the EU referendum result is that Brexit means Brexit. She has predicted that border controls will be required on the island of Ireland when Britain exits the European Union. We need to bring in the Minister for Foreign Affairs and Trade to clarify if her appointment is a game changer.

A Tory grandee, Mr. Ken Clarke, said she was "a bloody difficult woman". I hope she will not be difficult when it comes to Irish affairs.

I raise an issue that has been raised by a couple of my colleagues in the House and call on the Minister for Finance to come to the House as soon as possible. There is great concern about the inversion deals and companies, as has been alluded to, using Ireland as a base for tax reasons only. I know that there has been some limitation in America to try to stop some of these inversion deals but the figures are really mind-boggling. They tell us that we have 26.3% growth. The Minister for Public Expenditure and Reform, Deputy Paschal Donohoe, said yesterday that the real growth was closer to 7%. If that is the case, 80% of that growth, or four fifths of the economy, is a false economy. As has been outlined, the main reason for that are the aviation and leasing companies operating out of Ireland. It would be brilliant if they were providing some jobs. However, the serious problem I have is that about two weeks ago a leading aviation expert said in one of the national newspapers that 1,000 jobs were directly contributed by the newly formed aviation leasing companies in the country and that there were another associated 1,000 jobs. It is 80% of our GDP and we have got only 2,000 jobs out of it. The tax figure is minuscule, or so they are telling us. That is nobody's fault and nobody is doing anything wrong in that regard. They are bulking up on stock and whatever else. However, we are not seeing any benefit to the real economy. Our corporation tax rate has been a huge help to the country. It has certainly been a great help in bringing jobs and growth to the country. However, this is something at which we will have to look. Whether it is a minimum tax rate related to the turnover of these companies or something else, a mechanism will have to be put in place to ensure this sector gives real help to the country.