Connacht Tribune

Smiles . . . but little else for farmers

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Minister for Public Expenditure, Michael McGrath and Minister for Finance, Paschal Donohoe, before their presentation of Budget 2022 to the Dáil.

FARM leaders have described this week’s Budget 2022 as ‘underwhelming and disappointing’ for the Irish agricultural sector – with nothing new of any substance in the financial plan for the coming year.

The rollover of the different agricultural schemes – annually worth in the region of €600m – has been one of the few aspects of Budget 2022 that has been welcoming by the farming sector.

An overall budget allocation of almost €1.86 billion has been set aside for the Dept. of Agriculture next year in addition to almost €1.2 billion of EU direct-payment funding.

The farming sector had sought to have a percentage of the carbon tax allocated for the setting up of a new REPS II type environmental scheme – however, this hasn’t happened.

Chair of the IFA’s National Farm Business Committee, Rose Mary McDonagh, told the Farming Tribune that there was really nothing of any significance in the budget for the farming commuity.

“There was a commitment in the Programme for Government that a percentage of the carbon tax would be allocated for the establishment of a new REPS II type scheme but unfortunately this hasn’t happened.

For more, read this week’s Connacht Tribune.

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