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STATE-run Land Bank of the Philippines Inc. (LandBank) and the Development Bank of the Philippines Inc. (DBP) facilitated the distribution of a combined total of over P8.2 billion in cash aid to more than a million qualified small palay farmers from 2019 to 2021. Citing data from the Department of…
The government has distributed more than P8 billion in cash transfers to about one million palay farmers through excess income from rice tariffs, according to the Department of Finance.
The Department of Finance (DOF) reported on Monday, June 13, that two government-owned banks have facilitated the distribution of over P8.2 billion in cash aid to qualified small palay farmers as part of the Rice Farmers Financial Assistance Program (RFFA). Citing data from the Department of Agricu
MANILA - The Land Bank of the Philippines (Landbank) and the Development of the Philippines (DBP) have facilitated the distribution of over PHP8.2 billion for the PHP5,000 in direct and unconditional cash aid each to over 1 million qualified small palay farmers from 2019 to 2021, according to data from the Department of Agriculture (DA). These two state financial institutions distributed the cash aid as part of the Rice Farmers Financial Assistance Program (RFFA) of the DA under the Rice Tariffication Law (RTL), or Republic Act 11203. Farmer-beneficiaries receiving the PHP5,000 cash aid should...
ILIGAN CITY -- Some 131 corn farmers in Bukidnon's Manolo Fortich town received fuel discount subsidies from the Department of Agriculture-Region 10 (DA-10) on Friday, June 3. The said corn farmers were the first batch who received aid under the department’s subsidy program throughout region 10.