Dáil Éireann Debate, Tuesday - 16 April 2024
540. Deputy Claire Kerrane asked the Minister for Agriculture, Food and the Marine if he will provide an update on when ACRES balancing payments will be made; and if he will make a statement on the matter. [16048/24]
Amharc ar fhreagraWork is continuing on the calculation and processing of ACRES year one payments, and these payments are expected to issue by the end of June.
ACRES General advance payments commenced on December 15th 2023, and approximately 19,719 farmers were paid a total of €88.356 million by early February 2024.
Due in particular to the additional complexity associated with payments to Co-operation Project (CP) participants, my Department made arrangements for an interim payment to be made to all the remaining applicants who had not yet received an ACRES advance payment. The first interim payment run of €4,000 for ACRES General participants and €5,000 for ACRES CP participants was paid on February 28th 2024, amounting to €113,617,000. A second interim payment run totalling €5,923,000 was processed last month. A total of 44,780 participants have now received payments totalling €207.8 million.
