Oireachtas Joint and Select Committees

Tuesday, 2 May 2017

Joint Oireachtas Committee on Agriculture, Food and the Marine

Agriculture Cashflow Support Loan Scheme: Strategic Banking Corporation of Ireland

4:00 pm

Photo of Paul DalyPaul Daly (Fianna Fail) | Oireachtas source

I will be brief because Deputy Cahill has covered most of the issues I wanted to tease out. The entire fund is vouched for at this stage, but why has such a small percentage transferred into farm bank accounts? My key question, which Deputy Cahill has also asked, is how many people were refused? The scheme operated on a first-come first-served basis but how far could it have gone? Such information could give us a better indication of the extant financial woes. Many people sought to be included in the scheme and unfortunately there was not enough funding to facilitate them. Does Mr. Ashmore have any indication of those figures?

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