Economic Growth
Dail Éireann — 2020-07-14
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Micheál Martin (FF), Cork South-Central

It is, because this is a significant expenditure stimulus of the economy. I refer to the projects that will be identified and prioritised, the key as well being the pandemic unemployment payment and the wage subsidy on which the Minister, Deputy Donohoe, has ideas.
I will not give Deputy Kelly the final quantum today because that will be announced on the day and work is still under way. There will be a further Cabinet committee meeting tomorrow evening, specifically in respect of the July stimulus. Various ideas and submissions have come in from different Departments. The focus is on trying to get shovel-ready projects and endeavouring to get credit and funding to the SME sector in particular. That is why much of the legislation this month will work in tandem with the July stimulus. A great deal of good legislation is getting done this month thanks to the co-operation of everybody in the House, which we appreciate. That will underpin much work that is contained within the July stimulus as well.

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Retrieved: 2026-08-14T04:48:25+00:00
Sitting date: 2020-07-14