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Gov't ready to address inflationary pressures: NEDA

Socioeconomic Planning Secretary Karl Kendrick Chua (File photo) MANILA - The government has taken steps to address the inflationary pressures brought about by the Russia-Ukraine conflict, the National Economic and Development Authority (NEDA) said. The Philippine Statistics Authority reported Tuesday that headline inflation increased to 4 percent in March 2022 from 3 percent in the previous month. The reported inflation rate is in line with the median analyst forecast of 4 percent and is within...
Pantawid Pasada Bangko Sentral Karl Kendrick Chua Economic Development Cluster Livestock Development National Economic

'Best efforts' cited as March inflation hits 4%

THE government is already doing its utmost in terms of implementing economic policy to cushion the impact of high commodity prices on the lives and livelihoods of Filipinos, according to the National Economic and Development Authority (Neda). On Tuesday, the Philippine Statistics Authority (PSA) reported that inflation averaged 4 percent…
Karl Chua Pantawid Pasada Nonie Reyes Rosemarieg Edillon Livestock Development Development Authority Neda

DA: Over 158,000 farmers, fishers to benefit from P1.1-B fuel subsidy

More than 158,000 corn farmers and fisherfolk affected by the increasing prices of oil products will benefit from the P1.1 billion fuel subsidy from the national government, the Department of Agriculture (DA) said on Thursday, March 24. According to DA Assistant Secretary Noel Reyes, a total of 158
Noel Reyes Department Of Energy Department Of Agriculture Rice Competitiveness Enhancement Fund Development Bank Secretary Noel Reyes
Source: mb.com.ph

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More than 158K farmers, fisherfolk to get P3-K each: DA

(PNA file photo) MANILA -The Department of Agriculture (DA) on Thursday said over 158,000 farmers and fisherfolk have each received PHP3,000 worth of fuel subsidy under the PHP1.1-billion subsidy fund amid the increasing oil prices. In the Laging Handa public briefing, DA Assistant Secretary Noel Reyes said beneficiaries in the Registry System for Basic Sectors in Agriculture (RSBSA), using motorized boats and crude-consuming machinery will avail of the subsidy, even after the first oil price ro...
Noel Reyes Rodrigo Duterte Department Of Energy Department Of Agriculture Rice Competitiveness Enhancement Fund Laging Handa

RCEF rice seed distribution commences this wet season

The Department of Agricultureโ€”Philippine Rice Research Institute (DA-PhilRice) is set to distribute 1.8 million bags of certified seeds to more than 740,000 farmers this 2022 wet season through the Rice Competitiveness Enhancement Fund (RCEF) Seed Program.ย  The seeds, which will be rolled out from March 16 to Sept. 15 with…
Misamis Oriental Surigao Del Sur Davao Del Sur Zamboanga Sibugay Province Of Zamboanga Sibugay Agusan Del Norte

5,286 farmers receive 5k rice assistance

TABUK CITY, Kalinga โ€” A total of 5,286 rice farmers received P5,000 each in cash assistance from the Department of Agriculture (DA) through its Rice Competitiveness Enhancement Fund (RCEF)-Rice Farmers Financial Assistance (RFFA). (Photo courtesy of Zaldy Comanda / MANILA BULLETIN) Created
Edwin Joseph Franco Barangay Bulanao Norte John Paticawen Department Of Agriculture Office For City Agricultural Services Price Fund
Source: mb.com.ph

DA to roll out P500-M fuel subsidy for farmers, fishers on March 17

The Department of Agriculture (DA) said the distribution of the P500 million worth of fuel subsidy for corn farmers and fishers will start Thursday, March 17. DA Sec. William Dar disclosed that the fuel subsidy would be distributed to corn farmers and fishers under the Registry System for Basic Sec
William Dar Plant Program Part Department Of Agriculture Rice Competitiveness Enhancement Fund Registry System Basic Sectors
Source: mb.com.ph

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