Irish farmers and fishers will benefit from liquidity supportsChristian Fernsby ▼ | July 26, 2020
The Minister for Agriculture, Food and the Marine, Dara Calleary T.D., outlined the main elements of the July Stimulus which will benefit the agri-food and marine sector.
Stimulus Minister Dara Calleary
Topics: Irish farm fish
An allocation of €50 million in Exchequer funding has been provided for the beef sector for a support scheme for beef finishing farms which have been severely impacted the details of which will be announced shortly.
Following a campaign by Member States, spear headed by Ireland, the European Commission introduced a scheme of aids to private storage under the CAP, which has been of benefit for the dairy sector in particular.
A coronavirus voluntary Temporary Fleet Tie up Scheme for fishing vessels is being implemented.
Various practical flexibilities for applications for the main farm schemes have been introduced.
The stimulus package also includes an increased capital allocation of €17 million to the Department of Agriculture, Food and the Marine for:
Howth Fishery Harbour Centre Middle Pier Redevelopment Project
additional allocation for onfarm renewable energy investments under the TAMs scheme;
investment in a large scale habitat restoration project by Coillte. ■