Dawn Farms CEO Calls For Low-Cost Loans For Agri Sector
Larry Murrin, CEO, Dawn Farms has called on the Government to provide Agri businesses long-term, low-cost loan measures to boost their competitiveness in the face of Brexit.
"We need measures that help industry invest in their own competitiveness with low-cost, long-term financial funding." He said.
He suggested that money from the National Pension Reserve Fund could be used to generate 20-year loans at low interest rates to assist companies remain in the UK market, reported Farm Ireland.
"It's not a handout, the money is already sitting there in billions in Government coffers called the National Pension Reserve Fund - they just need to find the tools to actually create funds and conditions that can lend directly to the indigenous Irish agri sector."
Murrin said as a nation we absolutely need a set of measures that enable us to 'protect today's pie'.
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