Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

It is considerable. The projections are based on certain assumptions. It could turn out better but, equally, it could turn out to be worse. What ongoing work is taking place within the Department to deal with the fallout from Brexit? The Department of the Taoiseach and Department of Foreign Affairs and Trade are taking the lead role in terms of managing Ireland's response and the negotiations. However, within the Department of Finance, which is the economic engine, what work is being done to make plans and examine scenarios and contingencies? What feedback is the Minister currently receiving? Has he any concerns that there is a slowdown in growth that is Brexit related? Certain sectors are feeling the heat already, including the retail and agrifood sectors, in addition to SMEs in general that are dependent on exporting to the UK market.

See this speech in context