Dáil Éireann Debate, Tuesday - 11 November 2008
574 Deputy Finian McGrath asked the Minister for Agriculture, Fisheries and Food the position regarding the moneys part funded by the European agricultural fund for rural development earmarked for installation aid and early retirement in the year 2009; and if he will make a statement on the matter. [39363/08]
View answerI have made provision of €56.7 million in 2009 to meet current commitments under the Scheme of Early Retirement from Farming and the Young Farmers' Installation Scheme.
The funding provided under Ireland's Rural Development Programme for the period 2007-2013 is substantially higher than that required to draw down all of the EU co-funding. For this reason, there will be sufficient eligible expenditure in the period to maximize Ireland's draw-down of co-funding notwithstanding the suspension of applications for the Installation and Early Retirement schemes.
