IFA President Tim Cullinan has said that proposals in the FF-FG document, ‘to facilitate negotiations’ on the formation of a new Government, to take private property from citizens and pay less than the market value will be strongly resisted by IFA, farm families and property owners.
IFA President Joe Healy said the main message to be taken from the Teagasc Outlook Conference on farm incomes in Dublin today is that there are severe income variations across different farm enterprises with beef, sheep and tillage under significant income pressure.
24 07 2019
Launching the IFA pre-Budget Submission – FARMING FOR A SUSTAINABLE FUTURE – in Dublin today (Wed), IFA President Joe Healy said a progressive Budget 2020, that supports Irish farmers to develop sustainably is imperative, given the immediate threats and long-term challenges facing the sector.
The macroeconomic outlook for 2019 is generally positive, Ireland is expected to achieve GDP growth of 4%, down slightly on previous years. Levels of employment are increasing and Government debt as a % of GDP is falling, it is expected to reach 63.5% in 2019, down from highs of 120% in 2012/20131. Debt levels are more accurately reflected as a percentage of Gross National Income (GNI), which also reflect a downward trend.