House greenlights tapping of P6-B rice subsidy to buy palay

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The House of Representatives on Monday approved on third and final reading a joint resolution allowing the use of the remaining P6.97-billion rice subsidy fund to buy palay from local farmers.

Voting 206-0-0, the House approved House Joint Resolution No. 22, which authorizes the government to tap the subsidy fund under the Pantawid Pamilyang Pilipino Program for the purchase of palay.The joint resolution seeks to transfer to the National Food Authority the unused P6.97-billion rice subsidy fund, which is under the 2019 budget of the Department of Social Welfare and Development . The NFA will then buy palay from local farmers at P19 per kilo.

The resolution also aims to replace the P600 per month rice subsidy to 4Ps beneficiaries with actual rice.

 

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