Oireachtas Joint and Select Committees

Thursday, 25 November 2021

Select Committee on Transport, Tourism and Sport

Estimates for Public Services 2021
Vote 29 - Environment, Climate and Communications (Supplementary)
Vote 31 - Transport (Supplementary)

Photo of Hildegarde NaughtonHildegarde Naughton (Galway West, Fine Gael) | Oireachtas source

The information I have to hand is that this financial instrument will involve an investment of approximately €40 million from the EU recovery and resilience facility and approximately €20 million of the Exchequer's own resources to provide an upfront payment for losses expected during the lifetime of the guarantee scheme.

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