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WQ.338/2024
WRITTEN QUESTION TO THE MINISTER FOR SUSTAINABLE ECONOMIC
DEVELOPMENT
BY DEPUTY K.M. WILSON OF ST. CLEMENT
QUESTION SUBMITTED ON MONDAY 7th OCTOBER 2024 ANSWER TO BE TABLED ON MONDAY 14th OCTOBER 2024
Question
"Regarding agricultural loans provided by the Government, will the Minister state –
- the total number provided within each of the last 5 years;
- the purpose of each loan;
- the name of the businesses or individuals who received each loan;
- the amount awarded from each Government loan scheme in each year; and
- what evaluation of the outcomes, if any, has been completed in order to demonstrate the benefits to the economy of providing these loans?"
Answer
No loans have been made under the Agriculture (Loans) (Jersey) Regulations 1974 (the Regulations') in the last five years.
As set out in R.137/2024, the Agricultural Loans and Advisory Board has not been in existence since 2002. The recent amendments to the Regulations and appointment of a new Board will enable the recapitalised scheme to operate once more.