Dáil Éireann Debate, Thursday - 13 May 2021
218. Deputy Brendan Griffin asked the Minister for Finance if he will consider extending the wage subsidy scheme when summer camps open for the summer period (details supplied); and if he will make a statement on the matter. [25242/21]
View answerThe objective of the Employment Wage Subsidy Scheme (EWSS) is to support all employment and maintain the link between the employer and employee insofar as is possible. The EWSS has been a key component of the Government’s response to the continued Covid-19 crisis to support viable firms and encourage employment in the midst of these very challenging times. To date, payments of over €3 billion and PRSI credit of over €500 million have been granted to 48,900 employers in respect of 558,000 workers.
I have been clear that there will be no cliff-edge to the EWSS and, as the Deputy will be aware, it was decided that the scheme is being extended until the end of June 2021. Similarly, the COVID Restrictions Support Scheme is also been extended to end June 2021.
Motions seeking Dáil approval of the extension of the Covid Restrictions Support Scheme and the Employment Wage Subsidy Scheme to 30 June 2021 took place on Thursday 22 April, during which I reaffirmed the Government’s commitment that there would be no cliff-edge to the economic supports at the end of June.
With the agreement by Government on the revised plan, COVID-19 Resilience and Recovery 2021: The Path Ahead, a cautious and measured approach will be taken as we lay the foundations for the full recovery of social life, public services and the economy. It is therefore appropriate that key business supports should remain in place until the end of June 2021.
As the revised plan is implemented, the EWSS will play an important role in getting people back to work as public health restrictions are eased, thereby reducing the numbers dependent on social welfare payments over time, including the Pandemic Unemployment Payment (PUP).
Consideration is being given to the fact that continued support for businesses could be necessary out to the end of 2021 to help maintain viable enterprises and employment and to provide firms with certainty to the maximum extent possible. Decisions on the form of such support will take account of emerging circumstances and economic conditions as they become clearer.
The Government will continue to assess the effects of the Covid-19 pandemic on the economy and I will continue to work with Ministerial colleagues to ensure that within the resources available appropriate supports are in place to mitigate these effects.
For those businesses who may need additional support during this period, I would draw attention to the comprehensive package of other business and employer supports that have been made available since the July Stimulus Plan and Budget 2021 - including the Covid Restriction Support Scheme (CRSS), the Credit Guarantee Scheme, the SBCI Working Capital Scheme, Sustaining Enterprise Fund, and the Covid-19 Business Loans Scheme.
The Government remains fully committed to supporting businesses and employers insofar as is possible at this time.
