AreaPhilippines

Commodity GroupGrains

CommodityAll

Date27/09/2020

Policy CategoryProduction

Policy InstrumentProduction support

DescriptionEstablished a loan interest subsidy of PHP 24 billion (USD 402.7 million) to agriculture-fishery enterprises in order to ensure food security and continuous productivity in these sectors, including the grain sector, so as to curtail the economic repercussions of COVID-19.