The ‘farce’ that the lowest scheme cost of credit for farmers is still not rolled out, says IFA President

  • The ‘farce’ that the lowest scheme cost of credit for farmers is still not rolled out, says IFA President
    FarmIreland.t. E.
    President ELISA Jo Healy said the fact that the lowest scheme cost of credit announced in last year’s budget has not yet rolled out is a “farce”.
    https://www.independent.ie/business/farming/agri-business/farcical-that-low-cost-loan-scheme-for-farmers-still-not-rolled-out-says-ifa-president-37241463.html
    https://www.independent.ie/incoming/article37241465.ece/46386/AUTOCROP/h342/IFA%20budget.jpg

  • Email

President ELISA Jo Healy said the fact that the lowest scheme cost of credit announced in last year’s budget has not yet rolled out is a “farce”.

Speaking at a preliminary launch of the organization’s budget, Mr Healey said it was important that the scheme is introduced in order to help farmers to weather the storm of unprecedented and long-term problems of the sector.

“We saw last year the huge demand for low cost loans. Within three weeks because of the people, they were signed and shows that the demand that was there for them. We need the immediate introduction of the scheme, the fact that he still has not been introduced”.

IFA economist, OOO Kelly said, as it was one of the most challenging years on Irish farms not only because of the weather, but because of policy and political uncertainty of cap and the UK out of the EU.

“It was probably one of the most challenging years on Irish farms. This year noted that the ongoing uncertainty quarter and month and weather events leading to increased pressure on farmers,” said Ms. Kelly.

The organization also reiterated the call to the target of €200 for calves pay the cow and increased funding of the ANC €73 million to reverse the decline in 2009 and recover the cost of payments.

Other measures included in the submission are:

  • Measures to promote the use of renewable energy sources
  • Funding to cover the commitments of the government for three years imposed a limit on the inclusion of productive assets at fair transaction; the scheme
  • Earnings volatility supports
  • Content of tax measures to encourage the transfer of farm

See Also


Of the 10.3 million farmers in the EU, two thirds are less than 5 ha in Size

Was just over 171 million hectares of land in the European Union (EU), used for agricultural production in 2016 – about 40 PCs of all EU land. It supports approximately 10.3 m farmers and farm managers.

Online Business Classes