IFA Deputy President Richard Kennedy has welcomed today’s announcement that funds will be allocated for a National Reserve in 2017.
IFA has been very clear on the need for a National Reserve for young farmers in 2017, funded from unused funds, and this was clearly spelled out at the Direct Payments Advisory Committee, held recently.
Richard Kennedy said, “It is very important that there are ongoing supports for a National Reserve and Young Farmer Scheme to support restructuring in the farming industry.”
The Deputy President called for the Minister to clarify the situation in relation to clawback on sales of entitlements. IFA has expressed the view that the clawback should be reduced from 50% to 20% which would have the potential to create additional funds for the National Reserve in future.