THE Department of Agriculture (DA) on Wednesday announced that it obtained an additional P25 million in funding for farmer fuel subsidies. DA Spokesperson and Assistant Secretary for Special Concerns and Official Development Assistance Arnel V.
THE Department of Agriculture on Wednesday announced that it obtained an additional P25 million in funding for farmer fuel subsidies. DA Spokesperson and Assistant Secretary for Special Concerns and Official Development Assistance Arnel V. De Mesa told reporters that the supplementary funding came on the back of a Special Allotment Release Order, with the cash expected to be released within the month.
He said the DA had originally sought an additional P30 billion for fuel subsidies as prices for petroleum and fertilizer rose sharply due to the fighting in the Middle East, but congressional hearings for these requests were delayed.
“It is important for it to be released because right now, farmers need fuel subsidies since the period of land preparation and crop establishment had begun, where a lot of machinery will be needed, so that’s important,” Mr. De Mesa told reporters. Mr. De Mesa said farmers eligible for the subsidy must be enrolled in the Registry System for Basic Sectors in Agriculture and must either own or rent farm machinery to avail of the fuel subsidy. —
Please follow us on Google to support us 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.
Architect outlines smart city vision - BusinessWorld OnlineARCHITECT Felino A. Palafox, Jr. presented a long-term urban development framework for the Philippines that he said could support a scenario in which the country ranks among the world’s 16th biggest economies by 2050, driven by large-scale smart city development and transport expansion.
Read more »
Shares edge higher on bargain hunting, PMI - BusinessWorld OnlinePHILIPPINE STOCKS went up on Monday as investors bought bargains and the rebound in May manufacturing activity data provided support, though cautious sentiment kept the main benchmark below the 5,800 mark. The Philippine Stock Exchange index (PSEi) rose by 0.53% or 30.56 points to close at 5,799.
Read more »
SMC defends tree-cutting for SALEX - BusinessWorld OnlineSAN MIGUEL CORP. (SMC), through its unit SMC Southern Access Link Expressway Corp. (SMC SALEX), has defended ongoing tree management activities for the planned elevated toll road in Manila, stressing that the project is being carried out under safeguards approved by the Department of Environment and Natural Resources.
Read more »
Cignal, JCI Manila partner for JCI World Congress - BusinessWorld OnlineMULTIMEDIA platform company Cignal TV, Inc. has partnered with JCI Manila to host the upcoming JCI World Congress 2026 in November.
Read more »