MANILA - Typhoon Odette has caused over P6 billion in damage and losses to the Philippines' agriculture industry "and counting," data from the Department of Agriculture released Tuesday showed.
It also includes a P828 million indemnification to 79,217 affected farmers from Philippine Crop Insurance Corporation at P12,000 average per farmer, as well as P500 million under the Survival and Recovery Assistance Program to provide 20,000 farmers and fisherfolk P25,000 each, said Dar. Meanwhile, over 506,000 homes have been partially and totally damaged by Odette across Regions 4B, 6, 7, 8, and 13, according to the Department of Human Settlements and Urban Development.
At least 97,500 families in Odette-stricken areas are initially set to receive a P5,000 cash aid each, or a total of P487.5 million, Del Rosario said.
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