The Department of Agriculture brings more aid to rice farmers affected by the low buying price of palay as it gave P5,000 financial assistance to farmers during the launching of the Rice Farmers Financial Assistance (RFFA) Program.
Agriculture Secretary, William D. Dar said that RFFA is not a loan program but an unconditional cash transfer to farmers affected by RTL. "This is part of the nationwide response of the national government to assist palay farmers in the country", he said.
There are 33 provinces affected by the implementation of the rice tariffication law and farmers who are tilling two hectares and below will receive the cash aid.
“There are provincial governments who are helping in managing palay prices and provide assistance to farmers, we will also provide support to them by incentivizing them”, Sec. Dar added.
The government allocated a total fund of 3 billion pesos for 2019 and another 3 billion will be allocated for next year.
The launching was held in Lingayen, Pangasinan on December 23, 2019 with an initial of 500 rice farmers from the town of Mangatarem who received their cash cards from the Landbank of the Philippines.
For the province of Pangasinan, around 87,175 farmers are qualified to receive the P5,000 cash assistance until March 2020.