Oireachtas Joint and Select Committees

Tuesday, 9 June 2020

Special Committee on Covid-19 Response

Reopening the Economy: Supports for Business

Mr. Danny McCoy:

For the record, as Mr. McDonnell has said, IBEC has had plenty of engagement with the Department of the Taoiseach and the Department of Public Expenditure and Reform during this crisis and hence the Return to Work Safely Protocol. Issues regarding the temporary wage subsidy scheme were addressed through that means as well. Responding to Deputy Munster earlier, I said some of these schemes will require businesses to reopen so they can determine what it is they actually need. It is too early to tell, in some sense, but what we needed was to have a range of measures from grants to loans and from equity to deferrals. Those have been put in place. Our argument has been about the scale of measures delivered, and that goes back to the heart of what the Deputy was saying to us about getting together. It is incumbent on the Legislature to get together as well during this interregnum of not having a Government, because we are being told many things cannot be done as legislative power has run out.

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