32k farmers to receive P5k each from Tarlac LGU

TARLAC CITY – At least 32,000 farmers are expected to benefit from the Rice Farmers Financial Assistance [RFFA] project of the Tarlac provincial government.

The launching ceremony was held at the Paniqui Municipal Covered Court on February 13.

With partnership with the Department of Agriculture [DA], Land Bank of the Philippines [LBP] and the Development Bank of the Philippines [DBP], the financial assistance aims to help small farmers most affected by the initial impact of the Rice Tariffication Law.

Gov. Susan Yap said that the amount is aimed to lessen the effects of the first wave of the Rice Tarification Law [RTL].

“This amount, though small, can help our dear Tarlaqueño farmers to lessen the impact of the new tariffication law,” Gov. Yap said adding that, “We understand the plight of our rice farmers

particularly the marginal ones. The RFFA is one way to help you cope with the tough competition in the market today.”

The Duterte administration, through the DA and in partnership with the LBP and DBP will disburse the P3-billion to 600,000 rice farmers whose farm size ranges from one-half hectare to two hectares.

The funding for the RFFA is sourced from the tariff collection of the P10-billion Rice Competitive Enhancement Fund [RCEF].

Likewise present during the ceremony were Vice Governor Carlito “Casada” David, Provincial Board Committee Chairman on Agriculture Board Member Saturnino Mandal, Paniqui Mayor Leonardo Roxas, DBP-Tarlac Manager Evangeline Robles and Provincial Agriculturist Alicia Cruz.

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