Over €1.1bn paid to date under Basic Payment Scheme as further payments issue to farmers
The Minister for Agriculture, Food and the Marine, Michael Creed, today confirmed that the next installment of payments under the 2017 Basic Payment Scheme (BPS) and Greening has now commenced.
In mid-October my Department began issuing 70pc advance payments under the BPS to farmers across the country. Regular pay runs have been in place since to ensure that these payments are processed as efficiently as possible.
"I am happy to confirm that the 30pc balancing payments under the BPS have now commenced on schedule.”
The rollout of balancing payments brings the total paid under the Basic Payment Scheme to €1.106bn, and 121,000 farmers have received a payment to date.
In addition, over 90,000 farmers have been paid a total of €194m under the Areas of Natural Constraints (ANC) Scheme to date.
The Minister said in recent months my Department has been issuing payments to farmers across a range of schemes including BPS, ANC, Knowledge Transfer, GLAS, and the new Sheep Welfare Scheme.
"I am very aware of the importance of these schemes for the farming community, and they provide a significant financial boost for both individual farmers and the wider rural economy.”
Payments under the 2017 National Reserve and the Young Farmers Scheme will also commence in the coming week following payment of the BPS balancing payment.