Oireachtas Joint and Select Committees

Tuesday, 23 March 2021

Committee on Budgetary Oversight

Pre-Stability Programme Update: Discussion

Photo of Neasa HouriganNeasa Hourigan (Dublin Central, Green Party) | Oireachtas source

I will stay with the issues relating to SMEs. Earlier we talked about how we will determine what is a viable business. Many businesses will be quite worried about what those determinants are. Obviously, we are in a very febrile atmosphere and there is a great deal of flux in many industries. I presume that some of the factors to be considered are levels of indebtedness and levels of production. Would issues around labour force and capacity be considered? This is a particular question for the construction sector where companies might be losing skilled people due to the shutdowns. It might also apply to the aviation sector, where, for example, people in a certain cohort may be retiring. Will Dr. Cassidy outline the factors that he believes will impact on whether or not an SME is considered viable?

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