Northern Ireland’s Minister for Agriculture, Edwin Poots, has welcomed a £25 million funding boost for the beef and dairy sectors as they deal with the knock-on effects of COVID-19.
Described as a “lifeline”, Poots said the funding is the most generous finding allocation made by any UK or EU administration.
“We know that with falling demand and prices for beef and dairy products, many farm businesses have been amongst the hardest hit, so the funding I have secured will certainly go some way towards helping the sectors.”
“This will be a lifeline for many businesses and reflects the Executive’s commitment to supporting the sectors.”
Minister Poots continued to say that he has asked his officials to identify any further funding that may be needed in the future to enhance this current allocation and provide support for these struggling businesses.
He said work will now begin to decide how funds will be allocated to the beef and dairy enterprises that are most in need.