Enda Kenny (Mayo, Fine Gael)

The strategic investment bank and the NewERA programme are part of the programme for Government, and these are being dealt with at the moment. The decision of the Government to have two pillar banks, and the required deleveraging, will provide serious capital of €10 billion for credit over each of the next three years. In addition, the Government has stated that as part of its jobs initiative programme it intends to introduce a loan credit scheme, which will make it easier for businesses to acquire credit for expansion, changes of direction and employment of new personnel. It is fundamentally important for everybody that we get our people back to work. Those two elements of our jobs initiative will help in that matter.

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