Revealed: Government set for massive underspend in farmer payments
Underspend will result in tough times for farmers - Fianna Fail
Only half of funding allocated for key farming schemes under the Rural Development Programme (RDP) has been spent so far this year, according to Fianna Fáil Spokesperson on Agriculture Charlie McConalogue.
He says farmers will face increased cash flow problems as a result of serious delays in RDP payments.
New figures released to Deputy McConalogue reveal that only 52% of this year’s budget allocation has been paid out.
However, the Minister for Agriculture Michael Creed has said that it is important to note that the bulk of expenditure in respect of BDGP, GLAS and other schemes will take place in December 2016.
Despite this McConalogue says payments under TAMS and the Beef Genomics Scheme are also seriously behind schedule.
“These underspends are significant by any metric and will have serious consequences for small family farmers.
“It’s quite unbelievable that only half of this year’s funding for agri-schemes has been paid to farmers.
“This will result in serious financial hardship for farmers across the country. It’s particularly worrying that less than 4% of GLAS payments have been made.