Matt Carthy (Cavan-Monaghan, Sinn Fein)
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806. To ask the Minister for Agriculture, Food and the Marine if he has given consideration to raising the investment ceiling for TAMS to cover the transitionary period of the CAP; and if he will make a statement on the matter. [41316/20]

Charlie McConalogue (Donegal, Fianna Fail)
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The suite of seven TAMS II measures launched under the Rural Development Programme 2014-2020 have been very popular with over 34,000 approvals issued to date. 

Payments under TAMS have now reached €256m with a further €135m committed in approvals. Payments are currently issuing at an average rate of €1.4m per week. I was very pleased to secure funding for next year of €80m in Budget 2021. Participants who have completed approved works are advised to submit their payment claims as soon as they are in a position to do so to allow for the early issue of payments.

The details for TAMS for 2021 are still under consideration in light of the transitional regulations. A two year transitional period is expected with the final rules to be agreed at EU level by the end of the year.  I expect to be making an announcement on this when final decisions are made.