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Mar 27, 2016 @ 8:52

P6.14B released to NFA, PCA and NIA

The Department of Budget and Management (DBM) has released P5.3 billion in subsidies to the Philippine Coconut Authority (PCA) and the National Food Authority (NFA).

The releases were charged under the 2016 authorized appropriations of the two government-owned and –controlled corporations (GOCCs).

NFA received P4.25 billion for its Food Security Program in order to buy palay directly from farmers.

Special Provision No. 1 of the NFA budget requires the agency to submit to DBM quarterly reports on the status of the program.

These should include the list of farmer-sellers per province with the corresponding volume of palay purchased and amount paid by the NFA, the barangays where the farmer-sellers reside, and consolidated reports on actual rice stocks, among others.

DBM also released P1.09 billion to the PCA for the implementation of locally-funded programs including Coconut Planting/Replanting, Coconut Fertilization, Coconut Intercropping, and Smallholders Oil Palm Plantation Development.

The amount is intended to support coconut farmers in major coconut-producing provinces and to facilitate the production of 2.11 million metric tons of copra.

DBM withheld the release of the P200 million balance of the program due to low obligation levels for 2015 subsidies. The amount is supposed to be for Community/Household Level Coconut Processing and Integrated Pest Management and Control.

DBM also released P797 million to the National Irrigation Administration (NIA) for the expansion of irrigation systems across the country, in addition to the P12 billion released last March 2.

Out of NIA’s total appropriation of P32.74 billion in the 2016 National budget, P20 billion has been released.

Irrigation Network Services consist of the extension and expansion of existing irrigation systems, repair, operation, and maintenance of pumping systems, repair of groundwater systems, irrigation management support services, rehabilitation of irrigation works damaged by Typhoon Yolanda, and climate change adaptation works.



 

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