Ireland Allocates 37.5 Million Euro For Agricultural Research

Minister Martin Hayden announced a 100 million euro scheme aimed at supporting the agricultural sector. The government estimates approximately 120,000 farmers and 1,500 agriculture contractors will be able to access the funds. The announcement follows discussions regarding preventing inflationary knock-on effects in the construction sector. Minister Darro O'Brien announced a 500 million euro scheme to support approximately 120,000 farmers and 15,000 contractors facing high fuel prices. Financial support for contractors can be applied for through the state, with payments expected by the end of June. The scheme aims to assist with soaring fuel costs and improve food supply speed and affordability for supermarkets. The Irish government announced a €500 million package to support farmers, agricultural contractors, and the haulage sector facing rising fuel costs. Transport Minister Dara O'Brien stated that applications for the scheme will open via an online portal in approximately two to three weeks. Payments are expected to begin in late June. Agriculture Minister Martin Hayden announced an investment of 37.5 million euro to fund 30 research projects. The initiative aims to develop solutions for future agricultural challenges. The report was delivered by correspondent Angus Cox.