11 months 4Ps-type program pushed for farmers Manilatimes |Biz
THE Departments of Finance (DoF) and Agriculture (DA) is working on the implementation of an assistance program to help rice farmers suffering from low prices of palay (paddy rice) as a result of the new rice regime. The initiative was said to have been agreed upon over the weekend between Finance Secretary Carlos Dominguez 3rd and Agriculture Secretary William Dar. In a statement on Sunday, Dar said the measure entails an unconditional cash assistance that will be allocated and distributed to affected farmers by expanding the ongoing Survival and Recovery (SURE) program of the DA’s Agricultural Credit Policy Council (ACPC).