Oireachtas Joint and Select Committees

Wednesday, 9 October 2024

Joint Oireachtas Committee on Agriculture, Food and the Marine

Issues Impacting the Fisheries Sector and Aquaculture: Department of Agriculture, Food and the Marine

5:30 pm

Ms Sinéad McSherry:

The portion of the Brexit adjustment reserve that has been claimed to date in the seafood and wider marine sectors is just north of €250 million. The schemes that were put in place came from the recommendations of the seafood task force. I do not have the exact number, but I know that up to €300 million was provided for those schemes, depending on draw down. The administration of the BAR fund for Ireland is a matter for the Department of public expenditure and reform, so the overall claim for Ireland is not something to which I can speak. From a fisheries perspective, though, our claim as of now is just north of €250 million, which has been distributed directly and indirectly to fishers and the seafood sector.