Paul Kehoe (Wexford, Fine Gael)
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Question 433: To ask the Minister for Agriculture, Fisheries and Food the way the 5% levy deducted from the single farm payment is spent; if the fund is used for the purpose for which it was originally proposed; the amount of revenue that has been collected since the introduction of the levy; and if he will make a statement on the matter. [33651/08]

Brendan Smith (Cavan-Monaghan, Fianna Fail)
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Modulated funds of €225.5m are an integral part of the overall funding available for the 2007-2013 Rural Development Programme. The total funding for this programme amounts to €5.778bn from three sources: EU co-funding €2.114bn, Modulation €0.225bn, Exchequer €3.439bn. The Programme addresses three priorities, competitiveness, the environment and the wider rural economy, and encompasses the following main measures: REPS, Compensatory Allowances, Early Retirement, Installation Aid, Farm Modernisation. The funding provided for these schemes took full account of the amount available from modulation.