Rice, fisheries priority in 2017 budget
The rice and fisheries programs are getting major funding allocations in the proposed 2017 national budget in view of possible trade liberalization and in support of food security.
BusinessWorld reported that the Department of Agriculture (DA) is asking for a P9.06 billion budget for the National Rice Program, a 28.3 percent increase compared to this year’s funding.
The allocation reflects DA’s “targeted support to the rice sector anticipating the possibility of trade liberalization.”
DA is also seeking the approval of P19.2 billion for farm-to-market roads to bring produce to the markets.
The allocations are part of the P83.67 billion budget that the DA is proposing for next year. The amount includes P36.1 billion as operating budget.
The National Fisheries Program is supposed to get P6.116 billion, with focus on continued conservation for sustainable fisheries growth.