Oireachtas Joint and Select Committees

Thursday, 4 May 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Improving Investment Opportunities in the Wider Economy: Discussion

10:00 am

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Finally, with regard to the agriculture cashflow support loan scheme, which is a very good scheme, is there potential to expand that into other sectors? The scheme was introduced in conjunction with the Department of Agriculture, Food and the Marine, the European Investment Fund, EIF, and the European Commission. In the context of Brexit, however, and with SMEs in different sectors facing issues of market diversification, working capital management and foreign exchange risk, is the potential to introduce a similar type of scheme for other sectors that are particularly exposed to Brexit being explored?

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