Seanad debates

Thursday, 28 June 2012

Credit Guarantee Bill 2012: Committee Stage

 

11:00 am

Photo of John PerryJohn Perry (Sligo-North Leitrim, Fine Gael)

Senator Colm Burke's point is very relevant. He has said a report can be published at any time. The Minister and the Department will be watching the scheme closely. It is important that there be accountability and that a report laid before the Houses. Senator David Cullinane is entitled to seek reports on a quarterly basis from the Department. As Senator Colm Burke said, the Bill provides for flexibility by allowing the Minister to check on the scheme and engage in a process of due diligence at any time.

The point about confidence is very important. The business people I meet are confident about the opportunities available in indigenous companies, even though there are many challenges to be faced. When it comes to responsibility, it is about getting a business going, getting people to buy Irish, spend locally and so on. Whether it be a social enterprise or economic regeneration, we all have a role to play in lifting the cloud of community participation. The Government has been very positive since it took office in raising the confidence of the people. There are 1.8 million people working and 100,000 more will be working by 2016. There are great opportunities for SMEs. In the past 14 months I have travelled to smaller towns and villages to meet company representatives. They are not------

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