Oireachtas Joint and Select Committees
Tuesday, 16 June 2020
Special Committee on Covid-19 Response
Covid-19: Impact on the Fiscal Position
Colm Burke (Cork North Central, Fine Gael) | Oireachtas source
It is about cash flow. It also applies to small businesses with a good track record that are now looking for an extension of their borrowings to assist them with cash flow. The same response is being given to SMEs by the banking sector. In real terms, the banking sector could be adding to the economic downturn. I am not saying it is adding to it.
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