Thursday, 03 September 2026
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Philippines News from Philippines · WORLD EUROS
Nº 54 Thursday, 03 September 2026
Business

P70B budget proposed for three rice programs

P70B budget proposed for three rice programs
Sources: The Manila Times

THE Department of Budget and Management (DBM) has proposed P69.9 billion for three rice programs in 2027 aimed at increasing local production, raising farmers’ incomes, and making rice more affordable. Of the proposed amount, P29.9 billion is earmarked for the National Rice Program (NRP), P30 billion for the Rice Competitiveness Enhancement Fund (RCEF), and P10 billion for the Rice for All P

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