Dáil debates

Tuesday, 22 February 2022

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions

Economic Policy

8:20 pm

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I thank the Deputy for raising this issue. Many of these businesses still have a number of months of Covid support available to them in the form of the employment wage subsidy scheme. I acknowledge that the Deputy has made a number of constructive suggestions over the last two years to change the operation of the employment wage subsidy scheme and the Covid restrictions support scheme, which I have taken on board. Those schemes are still in place for many businesses affected by the pressures to which the Deputy refers. Do I at this point have any plans in place to bring forward a further set of business supports? The candid truth at the moment is that I do not. I accept that many businesses are facing new challenges in the rising cost of energy and in retention of staff. We are not yet out of two years of an exceptionally high level of support for our economy, which was needed, and a very high level of support to many businesses. That is going to be in place for many of them for a number of months. To be clear, that was for Covid, for a different reason. Even in the current environment of a lower Covid impact on businesses, those supports are still in place, albeit at a reduced level.

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