Extra staff to deal with challenge from Brexit
Concern over Brexit is only intensifying among businesses, and yesterday's Budget gave some hope that state bodies will be better equipped to tackle the minefield ahead.
When so much is still uncertain about Britain's exit from the EU, it is difficult for the Government to deliver concrete solutions. However, what is needed is leadership and well-planned strategies, and the Budget delivered resources to focus on the challenges ahead.
In addition to the €300m Brexit loan scheme, funding was announced for the recruitment of over 40 staff across the Department of Business, Enterprise and Innovation and enterprise agencies "to bolster our ability to proactively respond to the challenges and opportunities arising from Brexit".
Additional support for Bord Bia was also good news for the food industry, which has been at the front line of the Brexit storm.
Details of these additional staff and measures have not been revealed yet. But it would be hoped that through co-ordinated efforts, the department, IDA, Enterprise Ireland and other state bodies will be well-equipped to focus on how we can overcome the difficulties Brexit will inevitably bring - as well as exploit the opportunities.