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What is Enhancing Rice Competitiveness in the Philippines about?

The Rice Competitiveness Enhancement Fund (RCEF) provides an annual allocation of 10 billion pesos for 6 years to support the rice industry in the Philippines. The funds are released to implementing agencies based on objectives in the Rice Industry Roadmap. Half of the funds are allocated to rice farm machinery and equipment through PhilMech, 30% to rice seed development through PhilRice, and the remaining 20% to credit assistance, extension services, and other programs. If annual tariff collections exceed

Author

Ruby Calesterio

Language

EN