AreaPhilippines

Commodity GroupRice

CommodityAll

Date07/03/2022

Policy CategoryProduction

Policy InstrumentProduction support

DescriptionLaunched Part 2 of the Ahon Lahat, Pagkaing Sapat Kontra COVID-19 Program (ALPAS or “Plant, Plant, Plant Part 2”), with a PHP 24 billion (USD 458 million) budget. The bulk of these funds, some PHP 20 billion (USD 382 million) would be destined to provide farmers with fertilizer subsidies, with the balance equally divided among measures to sustain urban and peri-urban agriculture, local production of animal feed, aquaculture and mariculture fisheries, as well as assisting marketing of supplies at affordable prices.

NotesExchange rate as of 15 May 2022.