The Department of Agriculture is seeking to bring back the Philippine Crop Insurance Corp. under its supervision to harmonize its operations aimed at better food production and security.
Davao City 1st district Rep. Paolo Duterte has called for reforms within the Philippine Crop Insurance Corporation (PCIC) to assist in the modernization of the agricultural sector under President Ferdinand "Bongbong" Marcos Jr.
He explained that the PCIC–which was placed under the management
The Insurance Commission (IC) now has supervisory powers over the state-controlled Philippine Crop Insurance Corp. (PCIC), according to the Department of Finance (DOF) on Wednesday, June 29. DOF Secretary Carlos Dominguez III signed Department Order No. 038.2022 on June 28, two days before he leave
Philippine Crop Insurance Corp placed under Insurance Commission cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.
Agriculture is an inherently risky enterprise because of so many uncertainties facing farmers. But changing weather patterns that made crops production more challenging have heightened the risks faced by agricultural stakeholders. The increasing frequency of strong typhoons and droughts gave rise to additional challenges in boosting output. Because of climate…