Marcos approves P12.7B aid for small rice farmers amid challenges

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Marcos approves P12.7B aid for small rice farmers amid challenges
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PRESIDENT Ferdinand Marcos Jr. has approved the release of P12.7 billion for the Rice Farmers Financial Assistance (RFFA) program to help farmers cope with the increasing cost of...

PRESIDENT Ferdinand Marcos Jr. has approved the release of P12.7 billion for the Rice Farmers Financial Assistance program to help farmers cope with the increasing cost of production and sustain their productivity.

Approximately 2.3 million small rice farmers registered in the Registry System for Basic Sectors in Agriculture as of June 30, 2023 will each receive P5,000 in financial assistance, sourced from excess tariff collections on rice importations in 2022. This initiative aims to provide food, nutrition and income security to RSBSA-registered farmers also listed in the Pantawid Pamilyang Pilipino Program of the Department of Social Welfare and Development.

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