Oireachtas Joint and Select Committees
Tuesday, 9 June 2020
Special Committee on Covid-19 Response
Reopening the Economy: Supports for Business
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
This is my central point. I understand that Dr. Quinn is the Secretary General and the Government will make policy decisions on the matter. When we look at our European competitors, neighbours and other jurisdictions across all indicators, we see that this State is failing SMEs terribly. This applies whether in terms of the liquidity needs of SMEs, the loans that are being made available, the rates they are being made available at, the level of grants being made available or some of the other approaches, such as rates deferral. As a result, many of them are now deciding to close up for ever and for good.
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