BPS balancing payments commence with over €1.1bn paid to date


BPS balancing payments commence with over €1.1bn paid to date

BPS balancing payments commence with over €1.1bn paid to date

  • ADDED
  • 3 years ago

BPS balancing payments commence with over €1.1bn paid to date

The next installment of payments under the 2017 Basic Payment Scheme (BPS) and Greening are rolling into farmers’ bank accounts.

The Minister for Agriculture, Food and the Marine, Michael Creed, T.D provided confirmation on the 30% balancing payments under BPS, today.

In mid-October, farmers began to receive the 70% advance payments under the BPS. This brings the total paid under the Basic Payment Scheme to €1.106bn, and 121,000 farmers have received a payment to date.

“I am very aware of the importance of these schemes for the farming community, and they provide a significant financial boost for both individual farmers and the wider rural economy.” Creed said.

Further Payments

Over 90,000 farmers have been paid a total of €194m under the Areas of Natural Constraints (ANC) Scheme to date also.

The Minister also announced that payments under the 2017 National Reserve and the Young Farmers Scheme will also commence in the coming week following payment of the BPS balancing payment.

Prioritising the processing of outstanding cases

The Minister confirmed that his Department is continuing to prioritise the processing of outstanding cases, saying

"I can confirm that every effort continues to be made to clear for payment the small percentage of outstanding cases. Regular pay runs will continue in December in order to process cases as quickly as possible. I am particularly pleased that we have continued to process payments at a rate that compares very favourably to the systems in place in other Member States.”

The Minister concluded by urging farmers who may have outstanding queries from his Department to respond as soon as possible.

“and it remains a key priority for my Department to process these payments in as timely a manner as possible. With this in mind, my Department will continue to roll out online application for BPS to all farmers in 2018.” Creed concluded.

In 2017, 114,000 farmers submitted their application online, highlighting steady growth in the number of online applications.

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