Mary Coughlan (Donegal South West, Fianna Fail)

On the issue of the loan guarantee scheme, work was done by my former Department and continued by the Minister, Deputy Batt O'Keeffe, with Forfás and the Department of Finance to examine the feasibility of having a loan guarantee scheme. Work has been ongoing on that and the matter is being considered by the Cabinet sub-committee on Economic Renewal. Whether legislation will be required will be a matter for consideration by the Cabinet.

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