Oireachtas Joint and Select Committees
Tuesday, 13 September 2016
Joint Oireachtas Committee on Agriculture, Food and the Marine
Pre-Budget Submissions: Discussion
2:40 pm
Jackie Cahill (Tipperary, Fianna Fail) | Oireachtas source
I thank Mr. Healy. My questions are on the loans he envisages the €11.1 million funding being put towards. What size loan would he give to individual farmers? Would he put a cap on the amount of money a farmer could get out of this? What kind of security, if any, would be provided? Some of our farmers, especially in the dairy sector, have fairly heavy borrowings. While giving them access to finance might solve a short-term problem, there is a question about whether it will solve the problem of volatility going forward. I would like Mr. Healy to put a bit of meat on the bones of what he is saying regarding security and the type of loan he envisages for individual farmers.
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