Gerald Nash (Louth, Labour)
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I am indeed. I only have five minutes allocated for my questions so they will entirely be directed at the officials from the Central Bank. The Central Bank is on record as saying that €6 billion is required to provide liquidity supports for business as part of the response to the pandemic in order to avoid economic meltdown and the mass loss of jobs. A host of very complicated schemes featuring very high interest rates have been proposed by Government. We know from the data that the drawdown of these schemes has been worryingly low. Is the Central Bank concerned about the low level of drawdowns and its impact on business viability? What is the Central Bank's advice as to how to get liquidity to businesses more quickly to save as many jobs as we possibly can?