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P12.7B cash aid to farmers is fruit of their labor, says lawmaker

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Earlier, the release of P12.7 billion to fund a P5,000 cash aid for each of 2.3 million small rice farmers under the government's Rice Farmers Financial Assistance (RFFA) program had been approved. 

MANILA, Philippines – A senator on Monday expressed support for Malacanang’s move to continue providing financial aid to farmers, saying that the assistance was the fruit of farmers’ hard work.

“From January to August this year, the Bureau of Collections had already collected P16.8 billion. This means the excess collection of P6.8 billion during the 8 month period will be distributed to farmers too,” the lawmaker added. Under Republic Act 11203 or the Rice Tariffication Law , revenues collected from rice tariffs should pay for the yearly requirement of P10 billion for the RCEF to bankroll programs and projects raising the competitiveness and output of rice farmers.

The Land Transportation Office has summoned a former LTO employee tagged in a viral road rage incident that occurred in San Jose del Monte City in Bulacan recently.

 

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