€550m balance of SFP payments to 120,000 farmers to commence on 1 December
This will bring the total value of payments made under both the Single Farm Payment and the Disadvantaged Areas Schemes to €1.3 billion since payments began on 24 September last.
Commenting on the news, Minsiter for Agriculture Simon Coveney said the resources of his Department continues to be focused on the remaining unpaid cases. "I can confirm that every effort continues to be made to clearing the small percentage of remaining cases for payment and, to this end, I can confirm that regular payment runs will continue to be made on both schemes on a twice weekly basis”. "
He said: “By any measure, the payments performance over the past two months has been good and is particularly welcome this year given the financial difficulties experienced by many farmers especially in the beef sector.”
Reimbursement
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The news comes as the European Commission has confirmed it is to reimburse €27 million to Irish farmers. The moneywas deducted to establish the agricultural crisis reserve.
ICSA president Patrick Kent said “While we welcome the return of this money... we see no reason why it can’t be paid back at the earliest opportunity.”
“Farmers have suffered a lot of financial hardship this year and ICSA would like to see these payments made in time for Christmas.”
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Commenting on the news, Minsiter for Agriculture Simon Coveney said the resources of his Department continues to be focused on the remaining unpaid cases. "I can confirm that every effort continues to be made to clearing the small percentage of remaining cases for payment and, to this end, I can confirm that regular payment runs will continue to be made on both schemes on a twice weekly basis”. "
He said: “By any measure, the payments performance over the past two months has been good and is particularly welcome this year given the financial difficulties experienced by many farmers especially in the beef sector.”
Reimbursement
The news comes as the European Commission has confirmed it is to reimburse €27 million to Irish farmers. The moneywas deducted to establish the agricultural crisis reserve.
ICSA president Patrick Kent said “While we welcome the return of this money... we see no reason why it can’t be paid back at the earliest opportunity.”
“Farmers have suffered a lot of financial hardship this year and ICSA would like to see these payments made in time for Christmas.”
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