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Extending RCEF, using it for non-rice sectors, possible

THE National Economic and Development Authority (Neda) is open to extending the Rice Competitiveness Enhancement Fund (RCEF) and using it for other sectors apart from rice. According to Socioeconomic Planning Secretary Arsenio M. Balisacan, using the RCEF for other sectors may lead to higher productivity in other agriculture sectors and…
Mark Rosegrant Arseniom Balisacan Rosemarieg Edillon Cynthiaa Villar Rice Competitiveness Enhancement Fund International Food Policy Research Institute Ifpri

Solon cites P2.5B to aid drivers as oil prices rise | Jovee Marie N. de la Cruz

A LAWMAKER cited there is P2.5 billion allocated to aid public transport drivers grappling with soaring fuel costs. In a statement, Makati City Rep. Luis N. Campos Jr. said the government has allocated in this year’s budget some P2.5 billion in financial aid to mitigate the impact of escalating fuel…
United Arab Emirates Makati City San Pedro Makati Luisn Campos Jr House Committee On Appropriations Department Of Energy

House panel gives nod to bill granting aid to young farmers | Jovee Marie N. de la Cruz

In a bid to encourage and empower the youth to actively engage in agriculture and fisheries, a House of Representatives committee has approved a measure establishing a program for young farmers and fisherfolk. House Committee on Agriculture and Food member Keith Micah Tan of Quezon, principal author of the bill,…
Fisherfolk Challenge Council House Committee On Agriculture Department Of Agriculture House Committee On Ways Fisherfolk Challenge Program National Internal Revenue Code

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Govt hikes 2024 spending for farm-to-market roads to ₱19B

THE Marcos Jr. administration is hiking its spending for the rehabilitation and construction of farm-to-market roads (FMR) nationwide by 35 percent year-on-year to over P19 billion—the highest on record—according to the state’s budget documents. The General Appropriations Act of 2024 (GAA) showed that the national government allotted P19.596 billion for…
Davao City Davao Oriental Camarines Sur Philippines General Zamboanga Peninsula Province Of Zamboanga Sibugay

'Allot excess rice tariffs for cash aid, crop insurance' | Jasper Emmanuel Y. Arcalas

Rice planters are assured of receiving at least P15.5 billion in excess tariff collection next year and pundits said this could be used to increase the state’s cash assistance and fund its crop insurance and diversification programs. The latest Bureau of Customs (BOC) data analyzed by the BusinessMirror showed that…
Danilov Fausto Raulq Montemayor Roehlanom Briones Bernard Testa Federation Of Free Farmers Inc Department Of Agriculture

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