Oireachtas Joint and Select Committees
Thursday, 28 November 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Impact of Brexit on Ireland's Economy: Economic and Social Research Institute
Dr. Martina Lawless:
At a firm level, a great deal of work has been done by various agencies, in particular those that operate on both sides of the Border, for example, InterTradeIreland, on trying to give firms access to information, loans and grants that will help them to assess their exposure and devise ways of dealing with it. There would be a significant increase in demand on the supports provided by the agencies if there was a dramatic exit by the UK. Since it is difficult to foresee, it is difficult for firms to put their plans in place. If there was about to be a crash-out Brexit, one could expect a rush of firms all looking for quick supports together.
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