DA readies P800-M assistance for ‘Maring’ victims

By Christine Cudis/Philippine News Agency

The Department of Agriculture (DA) has allotted an initial P822 million worth of various interventions to assist farmers and fisherfolk affected by Severe Tropical Storm Maring last week.

As of Monday, total damage in agriculture was estimated at least P2.1 billion in the Cordillera Administrative Region, Ilocos Region, Cagayan Valley, Central Luzon, Mimaropa, Bicol Region, Western Visayas, and Soccsksargen, affecting 76,442 farmers and fishers, with volume of production loss at 101,818 metric tons (MT) and 85,744 hectares of agricultural areas.

Affected commodities include rice, corn, high value crops, livestock and fisheries, irrigation, and agri-facilities.

“We will continue to provide our typhoon and flood-affected farmers and fisherfolk in Northern Luzon and other areas with immediate aid and much-needed assistance to recover and start anew after the damage and loss in their livelihood and income,” DA Secretary William Dar said in an earlier statement.

Of the P822 million assistance, P650 million will be for the provision of emergency loans under the SURE Calamity Loan Assistance Program through the DA-Agricultural Credit Policy Council.

Each affected household can borrow P20,000 at zero interest, no collateral, and payable in 10 years.

Prior to “Maring”, a total area of 28,952 hectares of rice have been harvested from Regions 1 (Ilocos) and 2 (Cagayan Valley) with an equivalent production of 141,635 metric tons amounting to PHP2.08 billion.

As for corn, a total of 13,776 hectares have been harvested from Region 2 with an equivalent production of 55,654 MT amounting to P779.15 million. (PNA)-rir

 

Popular

PBBM assures improved delivery of judicial services in inauguration of Sulu Hall of Justice

By Dean Aubrey Caratiquet Underscoring the need to make legal services available and more inclusive even in the farthest reaches of the country, the government...

PBBM welcomes new ambassadors of Türkiye, Egypt

By Dean Aubrey Caratiquet With a firm commitment to expanding the Philippines’ diplomatic footprint on the global stage, President Ferdinand R. Marcos Jr. continues to...

Palace: PBBM remains focused on diplomacy as key to resolving woes in foreign relations

By Dean Aubrey Caratiquet Malacañang reiterated President Ferdinand R. Marcos Jr.’s stance on championing diplomacy in settling differences with foreign nations when asked about the...

PBBM welcomes new leadership in PCG change-of-command ceremony

By Dean Aubrey Caratiquet As he stepped down from his post as the leader of the Philippine Coast Guard (PCG), Admiral Ronnie Gil Gavan (Ret.)...