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Dawn Farms CEO Calls For Low-Cost Loans For Agri Sector

Published on Jul 19 2017 10:18 AM in Food tagged: Dawn Farms

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 he...

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'.

© 2017 - Checkout Magazine by Donna Ahern

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