Oireachtas Joint and Select Committees

Wednesday, 6 April 2022

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance (Covid-19 and Miscellaneous Provisions) Bill 2022: Committee Stage

Photo of Matt CarthyMatt Carthy (Cavan-Monaghan, Sinn Fein) | Oireachtas source

No, the Minister reduced agri-diesel by 10 cent per litre on 10 March, from €138.17 per 1,000 l to €120.55. He will now increase it again, back to €138.17. As agri-diesel is generally purchased in tanks, most farmers and contractors will have had, at best, one fill in which they benefited from the reduction. The Minister has given the sector, which is under huge pressure and struggling, as referenced and acknowledged by the Government, seven weeks of respite. His intention, however, on 1 May is to restore the rate of mineral oil tax as it applies to agri-diesel to what it was on 9 March.

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