THE continuous weakening of the peso against the greenback would be a double-edged sword for the agricultural sectors, with exports benefiting from such while imported food items become more expensive. Economists, officials and industry leaders interviewed by the BusinessMirror pointed out that a weaker peso will be beneficial to the country’s…
The Department of Agriculture is optimistic about the country’s ongoing negotiations with China on the procurement of fertilizer amid rising global prices.
DA secures more subsidy to cushion Ukraine-Russia impact 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.
APPROVED. Agriculture Secretary William Dar announces the approval of additional funds for food mobilization and fuel subsidy in an online media briefing on Tuesday (March 8, 2022). He said President Rodrigo Duterte approved his proposal to cushion the possible economic effects of the Russia-Ukraine conflict. (Screengrab) MANILA - To cushion the economic blow of the Russia-Ukraine conflict, President Rodrigo Duterte approved the recommendations of Department of Agriculture (DA) Secretary William Dar on additional subsidies for food security and fuel. "The original presentation was only budgeted with PHP12 billion but the President increased it and now we have PHP24 billion. He said it is important to find more funds. especially for fertilizer [subsidy]," Dar said in a virtual briefer on Tuesday. Fertilizer subsidy, in Dar's initial presentation, almost made up the proposed PHP12 billion, including PHP1 billion for food mobilization that will cover fuel subsidy for farmers
Philippines in talks with China for fertilizer imports philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.