Dáil debates

Tuesday, 14 December 2021

Ceisteanna - Questions

Economic Policy

4:30 pm

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

I too would like to raise the reports of over the weekend that the Cabinet received a memorandum earlier this month warning that thousands of businesses may fail and tens of thousands of jobs may be lost when the EWSS ends next April. We are told the memorandum highlights that many of these jobs are in the hospitality and entertainment sectors. Did the Cabinet receive this memorandum before the latest round of restrictions was announced by the Taoiseach? Will he provide us with more detail on the projections given to the Cabinet? It seems astonishing the Government ploughed ahead with closing the schemes, knowing they needed to be extended at current rates so that workers and businesses would not face a cliff-edge scenario.

Speaking at an Oireachtas committee last month, representatives from the National Competitiveness and Productivity Council underlined the need to create a more robust economy that is less vulnerable to economic shocks. What is the scale of job losses and business closures that are expected next year and are they to be concentrated in a limited number of sectors? Data provided to the Government need to be analysed but it also needs to be shared with those most affected. Has this happened? If not, is it the intention of the Government to share this information and data?

Comments

No comments

Log in or join to post a public comment.