Oireachtas Joint and Select Committees

Wednesday, 23 October 2019

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Update on Brexit Engagement: Minister for Business, Enterprise and Innovation

Photo of Mary ButlerMary Butler (Waterford, Fianna Fail) | Oireachtas source

As a result, loan schemes are not the most appropriate instruments to support businesses. At the same time, the money has to be repaid. That is the point we made earlier. The Department was not privy to the submissions beforehand. Further to what Deputy Munster said, they include many good comments that must be taken on board. The situation is very fluid as there is no agreement in the UK yet and the position is changing on a weekly basis if not a daily or hourly basis. Everything the Department does is subject to change depending on the circumstances it faces.

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