Regina Doherty TD has welcomed the Direct Aid Package of €27.4 million, which is to be made up of €13.7 million of EU funding and matched by a further €13.7 million in National Funding.
“The payment will be made on a flat rate basis and means that dairy farmers in Meath and across the country will each receive approximately €1,350. This top-up funding is to be made to farmers before Christmas and I know it will be an important boost to them, particularly as many are experiencing cash-flow problems. “There will be an additional €800 top-up for young dairy farmers in Meath, which will be made in early 2016. “This has been a very difficult year for the dairy sector in Ireland and I know that farmers here in Meath have been feeling the effects of the market downturn. Speaking to farmers I know that cash-flow has been a particular problem. “The additional funding announced today for farmers comes on top of the 70% advance payment also agreed as part of this package and which has now delivered over €1 billion to farmers in the last two months. “There is no doubt but that these are difficult times for dairy farmers in Meath but this Government is committed to continuing to work for them. Fine Gael has a long term plan to keep the recovery going and part of this plan is to ensure we support and assist our farmers, who are the backbone of this country and our economy.”