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Dáil Éireann Debate, Thursday - 24 November 2016

Thursday, 24 November 2016

Questions (263)

Niall Collins

Question:

263. Deputy Niall Collins asked the Minister for Jobs, Enterprise and Innovation the export credit support that is provided to Irish exporters; and if she will make a statement on the matter. [36795/16]

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Written answers

The issue of finance for exports is an ongoing concern for this Government and it has been addressed in the Action Plan for Jobs over the last two years.

A high-level group consisting of the Department of Finance, Department of Jobs, Enterprise & Innovation, Enterprise Ireland, Strategic Banking Corporation of Ireland and Ireland Strategic Investment Fund was established to progress the development of an export finance strategy for Ireland and arising from the work of that group it is proposed to roll out a Working Capital Guarantee Product in 2017 to support Irish exporting SMEs.

The pilot programme will run for an initial period of one year and its uptake and effectiveness will be assessed in order to determine the real demand from SMEs for export finance support.

Question No. 264 answered with Question No. 254.
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