MANILA, Philippines The Department of Agriculture will utilize P2.1 billion in excess tariffs from rice imports to diversify farmers crops and expand their insurance coverage.
MANILA, Philippines The Department of Agriculture will utilize P2.1 billion in excess tariffs from rice imports to diversify farmers crops and expand their insurance coverage.
Agriculture Secretary William Dar said the DA has already requested the Department of Budget and Management to release the excess rice tariff collections of about P2.1 billion.
Of the amount, P1.1 will be allocated for the expanded crop insurance on rice and another P1 billion will be spent for crop diversification to be implemented by the Philippine Crop Insurance Corp. and DAs high value crops team, respectively.
