THE Department of Budget and Management (DBM) has allotted about P197.84 billion for the Agriculture department under the proposed P5.678-trillion national budget for 2024.
Marcos admin allots P197 84-B for agri sector in 2024 radyonatin.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from radyonatin.com Daily Mail and Mail on Sunday newspapers.
The national government is allocating some P40 billion under its proposed 2024 budget to boost the country’s rice production. In his message for the 2024 National Expenditure Program (NEP), President Ferdinand R. Marcos Jr. said the bulk, or P30.9 billion, of the amount will go to the National Rice Program…
Bank lending to the agricultural sector through mandated credit amounted to P847.95 billion as of end-June this year, up by 7.4 percent compared to same period last year of P789.66 billion, based on the latest Bangko Sentral ng Pilipinas (BSP) data.
The amount fell short of the mandated credit all
The Bangko Sentral ng Pilipinas (BSP) has issued proposed rules and regulations that will govern the mandatory agriculture, fisheries and rural development (AFRD) financing under Republic Act No. 11901 otherwise known as The Agriculture, Fisheries and Rural Development Financing Enhancement Act of 2