WASHINGTON (AFP) - The IMF on Thursday urged advanced economies in the G20 to extend and improve their debt relief initiative, warning that many countries face a dire crisis without the help. (FILES) In this file photo an exterior view of the building of the International Monetary Fund (IMF), with...
Though she is one of the initial authors of the proposed Coconut Levy Fund law when she was still a member of the 16th Congress, presidential aspirant Vice President Leni Robredo said she has objections to the new version signed by President Duterte into law earlier this year. Presidential aspirant...
The Land Bank of the Philippines (LANDBANK) has joined the Department of Agriculture (DA) in the distribution of cash grants to Nueva Ecija rice farmers under the Rice Competitiveness Enhancement Fund-Rice Farmer Financial Assistance (RCEF-RFFA). The RCEF-RFFA program aims to provide unconditional...
The government will distribute direct cash assistance of P5,000 to as many as 59,125 farmers in Nueva Ecija to be funded from the excess rice import tariff collection under the Rice Competitiveness Enhancement Fund (RCEF). The Department of Agriculture (DA) formally launched this week RCEF’s Rice...
Pag-IBIG Fund financed over 17,000 socialized homes for low-income earners in the last ten months, a figure that grew by almost 50% from the previous year even amid the ongoing pandemic, top executives said on Monday (November 21). From January to October, the number of socialized housing units...
Pag-IBIG Fund launched another housing project under its Countryside Housing Initiative, this time in partnership with Muntinlupa City, to provide affordable homes to employees of the local government unit. The BALAI Munti Housing Project, which consists of 35 medium-rise buildings providing 668...
The Philippine Center for Postharvest Development and Mechanization (PHilMech) has distributed farm machines worth P439.8 million in Leyte, benefitting 131 qualified farmers’ cooperatives and associations (FCAs) from 38 municipalities and cities of the province. The P439.8-million worth of...
Partido ng Demokratikong Pilipino-Laban (PDP-Laban) vice presidential candidate Senator Christopher “Bong” Go has lauded President Duterte for fulfilling his campaign promise to return the coconut levy fund to the nation’s coconut farmers. Go, during a meeting by the Joint National and...
The Senate Blue Ribbon Committee on Tuesday released its preliminary report on its investigation on the alleged anomalies in the government’s handling of COVID-19 pandemic funds and recommended that charges be filed against a former state economic adviser, Pharmally Pharmaceutical Corp....
The Department of Agriculture (DA) has P300 million left under its Quick Response Fund (QRF) that could be used to assist farmers and fishermen that were affected by Typhoon Maring. 38281 “QRF allocation will be based on the damage report. Our remaining budget for QRF is at P300 million,” said...
The Philippine Center for Postharvest Development and Mechanization (PHilMech) is now investigating fraudulent activities that have been taking place in the distribution of farm equipment funded by the Rice Competitiveness Enhancement Fund (RCEF). In a briefing, PHilMech Executive Director Baldwin...
Three years since the implementation of the Rice Tariffication Law (RTL), the Philippine Center for Postharvest Development and Mechanization (PHilMech), the government agency tasked to mechanize the local rice sector, has only spent merely 6 percent of its total allocation under the Rice...
