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With the start of the harvest season for rice, members of farmers’ associations across the country welcomed the recent increase in the buying price of palay, aimed at helping farmers earn more.
Driven to boost rice production and supply in the Philippines, President Ferdinand R. Marcos Jr. has ordered the Department of Agriculture (DA) to utilize the excess collections of the Rice Competitiveness Enhancement Fund (RCEF) to assist rice farmers.
Over 10,000 rice farmers from the province of Capiz will be receiving financial aid through the Rice Farmers Financial Assistance (RFFA) program this year, President Ferdinand R. Marcos Jr. announced on Friday.
MANILA, Philippines – Driven to boost rice production and supply in the Philippines, President Ferdinand Marcos Jr. has ordered the Department of Agriculture (DA) to utilize the excess collections of the Rice Competitiveness Enhancement Fund (RCEF) to assist rice farmers.
The country’s headline inflation rate rose to 5.3 percent in August 2023 from the 4.7 percent recorded in the previous month. This brings the year-to-date inflation rate to 6.6 percent, higher than the Development Budget Coordination Committee (DBCC) assumption of 5.0 to 6.0 percent for full year 2023.
The SM Foundation recently marked the graduation of farmers who completed a 14-week training program in modern agricultural methods.
The administration of President Ferdinand R. Marcos Jr. gave an assurance on Thursday for its continued support to the most vulnerable sectors while implementing necessary measures to respond to rising prices as inflation inched up in September this year.
MANILA, Philippines — President Marcos has lifted the price ceilings on rice as he vowed to sustain efforts to help improve the life of farmers and run after smugglers of agricultural goods.