Philippine Information Agency
07 Jun 2020, 06:08 GMT+10
KALIBO, Aklan, June 7 (PIA) -- The distribution of the Financial Subsidy for Rice Farmers (FSRF) in the province of Aklan is nearing completion, based on the latest data provided by the Office of the Provincial Agriculturist (OPA) here.
The FSRF is one of the interventions of the Department of Agriculture (DA) for Aklan farmers as response to the COVID-19 crisis, an initiative to assist small rice farmers who plant one hectare or less listed in the Registry System for Basic Sectors in Agriculture (RSBSA).
Under the program, each qualified farmer receives P5,000.00 subsidy, which he could use to buy either farm farm inputs, food for their families, or anything they need.
Per latest data from OPA, the payout percentage for FSRF in Aklan has reached 86.27% already, and once the next payouts are conducted with the last schedule set on June 13, 2020, the cash distribution will be completed.
For the period, a total of 17,772 farmers from Aklan's 17 municipalities already received their cash assistance, while 1,091 have yet to claim theirs.
A total amount of P88,610,000.00 had been distributed/paid out by the LBP to beneficiaries since the start of payout on May 7, 2020.
The last payout conducted, led by the Land Bank of the Philippines (LBP) Kalibo and Caticlan, Malay, Aklan branches, was on May 30, 2020.
The LBP payout to farmers is regularly assisted by the DA, OPA, and Municipal Agriculture Offices (MAOs) of Aklan LGUs.
LBP-Kalibo took care of payouts for 13 Aklan towns namely Kalibo, Banga, Altavas, Batan, Malinao, Libacao, Makato, Madalag, Lezo, Numancia, New Washington, Balete and Tangalan, while LBP-Caticlan Branch paid out the farmers from Ibajay, Nabas, Malay and Buruanga.
Initially, the DA allocated FSRF fund for 19,253 rice farmers in the province. Latest data from OPA, however, showed that the figure rose to 20,543.
According to OPA-Aklan Assistant Provincial Agriculturist Salome David, all these farmers could each receive the P5,000.00 assistance.
On the other hand, those who failed to claim their subsidies during set schedule can still get theirs from the LBP.
Some of the reasons cited why some farmers failed to get their subsidies include being locked down in Manila and other areas outside Aklan during the payout schedule, beneficiary was sick, double entry, or the listed farmer was also a SURE AID beneficiary, another intervention program provided by the DA. (JSC/VGV/PIA6 Aklan)
Get a daily dose of Vietnam Tribune news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Vietnam Tribune.
More InformationLahore [Pakistan], July 12 (ANI): Police in Faisalabad have arrested two suspects, Bilal Nawaz and Umar Aslam, in connection with the...
New Delhi [India], July 12 (ANI): The Ministry of External Affairs (MEA) has released its annual report for 2024, highlighting India's...
London [UK], July 12 (ANI): Shubman Gill, who has developed an appetite for breaking milestones, continued with the trend and added...
Dhaka [Bangladesh], July 11 (ANI): Bangladesh has agreed to work with Malaysia to investigate allegations of terror activity against...
New Delhi [India], July 11 (ANI): The National Investigation Agency (NIA) on Friday chargesheeted five accused in a Mizoram case related...
Kuala Lumpur [Malaysia], July 11 (ANI): Minister of State for External Affairs, MoS Pabitra Margherita, held interactions with the...
In the past month alone, 23 Israeli soldiers have been killed in Gaza—three more than the number of remaining living hostages held...
LONDON, U.K.: At least 13 people are believed to have taken their own lives as a result of the U.K.'s Post Office scandal, in which...
WASHINGTON, D.C.: Travelers at U.S. airports will no longer need to remove their shoes during security screenings, Department of Homeland...
WASHINGTON, D.C.: An elaborate impersonation scheme involving artificial intelligence targeted senior U.S. and foreign officials in...
SLUBICE, Poland: Poland reinstated border controls with Germany and Lithuania on July 7, following Germany's earlier reintroduction...
WASHINGTON, D.C.: After months of warnings from former federal officials and weather experts, the deadly flash floods that struck the...