Disadvantaged and suckler scheme 2009 spending cuts
Main areas where reductions will be applied are disadvantaged area payments and the breeding and welfare scheme for suckler cows.
Entry to the Early Retirement and Young Farmer Installation Schemes has been suspended.
There are also reductions between 8% and 9% in grants for Teagasc, Bord Bia, the Marine Institute, Bord Iascaigh Mhara and the Sea Fisheries Protection Authority. and a reductions in certain capital investment schemes.
A 14% cut in disadvantaged area expenditure is projected to save €37m.
REPS expenditure is to increase 7%, but a 14% cut is targeted in the early retirement and young farmer installation spend.
The Teagasc grant-in-aid for the organisation’s general expenses is to be cut 8%, saving €10.5m.
Most savings will come under the heading of Development of Agriculture and Food, where a 52% cut in expenditure from €411m to €196m is projected. Forestry and bioenergy spending is set to grow 6% next year.
