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The Federation of Free Farmers lauded the issuance of Executive Order 60 by President Ferdinand Marcos, Jr., bringing the Philippine Crop Insurance Corp. back under the auspices of the Department of Agriculture .
PCIC operations are funded from various sources—farmers’ premiums, lending institutions and the government. “Government support for the PCIC shouldn’t be solely viewed as a farmer subsidy. More importantly, it’s a critical investment in ensuring the country’s food security,” Montemayor said, emphasizing the broader benefit to society.
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