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Manila Bulletin devider Business devider National livestock program gets DBM funding

National livestock program gets DBM funding

Published Nov 25, 2022 03:12 pm

The Department of Budget and Management (DBM) has approved the release of funding for the protein-enriched copra meal (PECM) commercialization project of the Department of Agriculture.

In a statement, Budget Secretary Amenah F. Pangandaman said the DBM will release P69.7 million to support the PECM project under the National Livestock Program of the agriculture department.

The Special Allotment Release Orders (SAROs), which Pangandaman approved last Nov. 27, aim to augment the production support services on the National Livestock Program to cover the funding requirements of the PECM Commercialization Project.

“In line with President Marcos. Jr.’s instruction to put prime importance to agriculture, we will do our best to provide support and implement vital measures to boost the country’s agricultural output,” Pangandaman said.

“The release of the fund will surely help our kababayans, especially those who rely on livestock farming as their livelihood,” she added.

The DA - National Livestock Program, through the PECM Commercialization Project, aims to commercialize the use of protein-enriched copra meal as a locally available feed ingredient that can substitute imported soybean for the benefit of Filipino swine and poultry raisers.

According to the DA, the project “shall focus to jumpstart and expedite the commercialization of PECM as an urgent measure to cushion the impact of soaring feed raw material prices which had been contributing to the increase in pork and chicken consumers.”

Related Tags

protein-enriched copra meal PECM Department of Budget and Management DBM Budget Secretary Amenah F. Pangandaman
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