DA to release P25M more in fuel subsidies for farmers

The Department of Agriculture will distribute an extra P25 million in fuel aid to at least 5,000 farmers.

The Department of Agriculture plans to release the additional funds on top of an earlier P150 million allocation and a larger P10-billion assistance program. Department spokesman Arnel de Mesa said on June 3 that the Department of Budget and Management had issued a P25-million special allotment release order. Distribution can begin once cash is released. De Mesa stressed the urgency, noting that farmers are currently preparing land and establishing crops, a period when machinery use is high. He added that the initial P150 million is insufficient and that the department had sought a further P30 billion to address rising costs linked to developments in the Middle East. Senate hearings on related requests have been interrupted by recent leadership changes and other events.

Mga Kaugnay na Artikulo

The Department of Agriculture is intensifying market interventions as palay prices weaken in several major rice-producing provinces, with the main harvest season nearing completion. About 77 percent of the national harvest is already in. The National Food Authority is raising its buying price to counter the decline.

Iniulat ng AI

The Philippine government is reviewing whether to seek a supplemental budget from Congress for its UPLIFT program. This follows an earlier plan to obtain funding from the Asian Development Bank instead.

A new analysis shows that an oil shock may drive more than 396,000 low-income households in the Philippines below the poverty line through higher food and transport costs.

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