With this payment, the Government has already paid almost 30 million euros from the CAP, which is six million more than last year at the same time.
The Balearic Islands Agricultural and Fisheries Guarantee Fund (FOGAIBA), a body that depends on the Ministry of Agriculture, Fisheries and the Environment, has made a new payment of aid from the Common Agricultural Policy (CAP) 2024: a total of 7,427,071.51 euros. Thus, if this payment is added to those made previously, a total of 29,733,690.21 euros from the CAP will have been paid within the application year, a figure that is six million more than last year at the same time.
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New payment from Agriculture to the primary sector of the Balearic Islands: FOGAIBA pays 7.42 million euros of CAP 2024 aid
The councillor Joan Simonet stressed that with this new income to the sector, ‘we will have paid more than 83% of what we paid in the last campaign (CAP 2023) and there are still four months to go to close the CAP 2024. This demonstrates the great work that FOGAIBA is doing to resolve all the calls for applications as quickly as possible, with the main objective that the sector can receive the aid as soon as possible.
In this sense, the councillor reminded that the regulations establish that from 1 December 2024, the balance of the aid requested could begin to be paid and that these payments have to be completed before 30 June 2025. Furthermore, according to the regulations, at the moment, no more than 90% of the balance can be paid. Simonet remarked that ‘this new payment of more than seven million euros is a further demonstration of the Government’s commitment to our farmers and livestock farmers’. He added that ‘we will continue to work to streamline bureaucracy and provide all possible facilities to the primary sector’.
Specifically, today’s payment is intended for a total of 7,419 beneficiaries and corresponds to 21 lines of aid. Thus, 5.43 million euros have been paid from the eco-regimes; 1.13 million euros to basic income support; 298,130 euros to aid associated with sheep and goat meat extensive; 206,260 euros for redistributive supplementary aid; 101,727 euros to supplementary aid for young people; a total of 81,670 euros of aid for fattening steers; and other types of aid to reach the amount of almost 7.5 million euros.
If we analyse by islands, the distribution of amounts and beneficiaries is as follows: in Mallorca, 6,283 beneficiaries, for a total amount of just over six million euros; in Menorca there have been 645 beneficiaries, with an income of 1.23 million euros; in Ibiza the number of beneficiaries is 437, for an amount of almost 140,000 euros, and finally, in Formentera 54 applicants have benefited, with a total of 15,000 euros.
The payment period for the balance of the CAP 2024 began on 1 December and ended on 30 June. This 2024 call is the second CAP campaign of the new period (2023-2027), which recognises the special characteristics of agricultural and livestock production in the Balearic Islands and compensates for the additional costs of insularity borne by the primary sector.
Finally, the Regional Ministry remindsus that from 1 February until 30 April, CAP 2025 aid can be applied for. This year, there are no plans to extend this date.