THE National Dairy Authority (NDA) wants more funds to achieve its target of 5 percent milk sufficiency by 2028.
THE National Dairy Authority wants more funds to achieve its target of 5 percent milk sufficiency by 2028.At a media briefing late Friday, the agency's newly appointed administrator, Marcus Antonius Andaya, said: 'Achieving our target will require approximately P1 billion annually, up from our current budget of P500 million. With this support, we believe we can double our production capabilities.
66 percent, an increase from the present rate of 1.54 percent.Andaya expressed optimism about these targets, noting that expanding production would also generate additional jobs in the agriculture sector. In addition, the dairy agency is also set to finish building five new stock farms by yearend, to be operational by early 2025 to increase the existing herd of nearly 80,000 dairy animals.
Agency Needs P1B To Hit Target
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Iloilo City hosts National Dairy Summit from October 28 to 30ILOILO CITY – This city is set to host the 2024 National Dairy Summit from October 28 to 30.
Read more »
Marcos OKs P1b for cold storagePresident Marcos approved a P1 billion allocation to enhance the country’s cold storage system, which is expected to significantly benefit farmers and
Read more »
DA chief: P1B to fund cold storage plantsAGRICULTURE Secretary Francisco Tiu Laurel Jr. on Friday said President Ferdinand Marcos Jr. will allocate an additional P1 billion for the development of more cold storage facilities nationwide, in support of the Kadiwa ng Pangulo program, especially for farmers planting high-value crops.
Read more »
Coin deposit machine collections exceed P1BOVER P1.0 billion has been collected from coin deposit machines (CoDMs) introduced by the Bangko Sentral ng Pilipinas (BSP) last year to enhance the circulation of money.
Read more »
DBM releases P1B for Marawi victimsTHE Department of Budget and Management (DBM) on Tuesday approved the release of a Special Allotment Release Order (SARO) of P1 billion for the 2024 Marawi Siege Victims Compensation.
Read more »
24th BPSF rolls out P1B aid to over 120,000 CaviteñosDefining the News
Read more »