The Department of Agriculture has announced the start of the 70% advance of the Basic Payment Scheme.
The advance of the BPS, formerly the Disadvantaged Area Scheme, is worth €700m and is being issued to some 111,000 farmers.
IFA Deputy President Richard Kennedy is welcoming the confirmation.
He says it's very important for cashflow on farms and will provide a timely boost for farmers in what has been a very difficult year.
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Richard Kennedy said it is very important to get payments to the remaining farmers as soon as possible.
