Agriculture: Finance
The question
To ask the Secretary of State for Environment, Food and Rural Affairs, what steps his Department is taking to (a) monitor agricultural spend against the budget and (b) reduce the time taken to make financial decisions.
Answered by Daniel Zeichner
We monitor forecasts of scheme uptake and spend against the current year budget on an ongoing basis and respond accordingly to maximise the amount that can be delivered.
Furthermore, we have a full understanding of commitments into future years arising from multi-annual agreements. We monitor the uptake of our demand led schemes which have a budgetary impact on future years (such as SFI) on a regular basis, increasing the frequency of this as the level of commitment approaches the budget available in future years.
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