Bid to aid cash flow as floods add to farm crisis

FARMERS are to get an an initial allocation of €2 million in emergency relief for flood victims, and the €45 second instalment of farm waste management scheme (FWMS) grants, and €39m of REPS payments, will be brought forward to December from early in 2010.

Bid to aid cash flow as floods add to farm crisis

Announcing the bringing forward of payments, Agriculture Minister Brendan Smith said he was very conscious of farmers’ income difficulties, and wanted to improve their cash flow by bringing forward almost €85m of payments.

The decision goes some way to meeting IFA President Padraig Walshe’s request that outstanding Single Farm Payment, REPS and Disadvantaged Areas payments be brought forward to help the hard-pressed farming sector.

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