Maurice Quinlivan (Limerick City, Sinn Fein) | Oireachtas source

It is very concerning to hear the figures provided by the Minister. Only 9% of the total of €300 million Brexit loan scheme has been sanctioned at bank level to date. Does the Minister have a target for this scheme? Is there an expected uptake rate and a timeframe for achieving that? Has the figure of €300 million been plucked from thin air to sound good or is the Minister expecting the remaining €272 million to be allocated before Brexit? Clearly that is unlikely to happen. Will the Minister indicate what types of companies have been allocated these cheap loans so far? Are they indigenous Irish companies and businesses or multinational companies? How many employees to they have on average?

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