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Agricultural loans

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WQ.298/2022

WRITTEN QUESTION TO THE

MINISTER FOR ECONOMIC DEVELOPMENT, TOURISM, SPORT AND CULTURE BY DEPUTY M.R. LE HEGARAT OF ST. HELIER NORTH

QUESTION SUBMITTED ON MONDAY 14th NOVEMBER 2022

ANSWER TO BE TABLED ON MONDAY 21st NOVEMBER 2022

Question

“Will the Minister state –

  1. how many Agricultural Loans, if any, are outstanding beyond their term;
  2. what the value is of the outstanding loans; and,
  3. what steps have been taken to resolve any such outstanding debt?”

Answer

There are no Agricultural Loans outstanding beyond their term.

There are 2 active Agricultural Loans with a total value of £16,366.57. The loans are due to be fully repaid in 2023 which is in accordance with the originally agreed repayment schedule.