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Almost €5m was issued to farmers under the Targeted Agricultural Modernisation Scheme II (TAMS II) during August, the Department of Agriculture has confirmed.
Around €1m per week was issued to farmers this month under the scheme.
The latest payments bring the total amount paid to date under TAMS II to over €21.25m.
Minister for Agriculture Michael Creed said: “It reflects the significant on-farm investment under way in Ireland as farmers here continue to develop their enterprises.
“We will continue to make payments on a weekly basis. I would urge all farmers to proceed with their approved investments and to submit these for payment as soon as the works have been completed to allow for payment to issue.”
Over 1,500 TAMS II farmers have received their payment to date.
GLAS
Meanwhile, the Department has paid out €3m to Green Low-carbon Agri-environment Scheme (GLAS) participants in the last fortnight.
This brings to €144m the amount issued to GLAS participants to date in respect of 2016 actions.
Minister Creed said that 4,000 farmers received their balancing payment in the last two weeks as a direct result of submitting their Farm Nutrient Management Plan (NMP).
There are still around 950 GLAS applicants who remain unpaid. They must submit outstanding documentation or other information to the Department in order to have their 2016 advance payment processed.
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