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Farmers In Ireland To Benefit From €2.9Bn In Funding Under The Next Phase Of CAP.

File image: Agriculture Minister, Charlie McConalogue/RollingNews

The formal announcement is being made this morning.

Irish farmers are set to benefit from €2.9 billion in funding under the next phase of the Common Agricultural Policy.

It'll be allocated through to 2027, and is a 50 percent increase on the previous CAP budget.

The official announcement's being made by the Taoiseach and ministers this morning.

Agriculture Minister, Charlie McConalogue, says the funding will help support farmers through the challenges ahead

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