Tag: Farm subsidies
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P7,000 Cash Aid for 1 Million Rice Farmers in 2026 Budget
Overview The Philippines is moving to cushion farmers’ finances with a targeted cash aid program as part of the proposed P6.7 trillion national budget for 2026. Speaker Faustino “Bojie” Dy III announced that about 1 million rice farmers will receive P7,000 each to help offset losses caused by persistently low palay (unhusked rice) prices. The…
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Philippines Puts Cash Aid for 1 Million Rice Farmers in 2026 Budget
Overview: Targeted relief for rice farmers In a move officials say could reshape how the government supports the agricultural sector, Speaker Faustino “Bojie” Dy III announced that about one million rice farmers are set to receive a cash aid of P7,000 each under the proposed P6.7 trillion budget for 2026. The pledge was made during…