Agriculture damage due to El Niño hits P9.5B

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Agriculture damage due to El Niño hits P9.5B
Agri LossesEl NinoFarmers
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The damage and losses sustained by the country’s agriculture sector has reached nearly P10 billion as of the middle of this month, the Department of Agriculture said Tuesday.Citing the latest El Niño report as of 12 noon of May 16, 2024, the DA said the damage to agriculture due to the weather phenomenon reached P9.5 billion.

71 billion to affected farmers and fisherfolk: Financial assistance totaling P8.59 billion through the Rice Farmers Financial Assistance nationwide P658.22 million worth of assistance for production support provided by DA Regional Field Offices In Mimaropa, various forms of assistance were distributed, including P8 million worth of rice machineries and equipment from DA-PHilMech, P77.50 million worth of Survival and Recovery Aid Loan from Agricultural Credit Policy Council , P5.

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gmanews /  🏆 11. in PH

Agri Losses El Nino Farmers Department Of Agriculture

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