<\/p>\n
HOUSE Speaker Faustino \u201cBojie\u201d Dy III on Monday announced that one million rice farmers will each receive P7,000 in direct cash assistance under the 2026 national budget as part of President Ferdinand R. Marcos Jr.\u2019s expanded support for the agriculture sector.<\/strong><\/p>\n <\/p>\n <\/p>\n Speaking at the joint hearing of the House Committee on Agriculture and Food chaired by Quezon 1st district Rep. Mark Enverga and the Committee on Ways and Means chaired by Marikina City 2nd district Rep. Miro Quimbo, Dy said the assistance will help farmers recover from income losses caused by the drop in palay prices.<\/strong><\/p>\n <\/p>\n <\/p>\n \u201cTiyak na may darating na tulong. Isang milyong magsasaka ang makatatanggap ng tig-pitong libong piso ( P7,000) na cash aid upang maibsan ang kanilang pagkalugi dulot ng mababang presyo ng palay,\u201d said Dy.<\/strong><\/p>\n <\/p>\n <\/p>\n He said the program aligns with Executive Order No. 93, which temporarily suspends rice importation to protect local producers from oversupply and low prices.<\/strong><\/p>\n <\/p>\n <\/p>\n According to the Speaker: “Ang pamamahagi ng cash aid ay nagpapakita ng determinasyon ni Pangulong Marcos na tugunan agad ang hirap ng mga magsasaka at isabay rito ang mga repormang pangmatagalan.”<\/strong><\/p>\n <\/p>\n <\/p>\n \u201cIpinakiusap din natin sa Pangulo na ang lahat ng uri ng subsidiya mula sa Department of Agriculture, tulad ng seed subsidy, ay ibigay na rin ng cash upang mas madali at mas direkta itong mapakinabangan ng ating mga magsasaka,\u201d he added.<\/strong><\/p>\n <\/p>\n <\/p>\n Dy, who has long championed the welfare of farmers and the agriculture sector, said many growers in his home province of Isabela sell palay for as low as 8 pesos per kilo, far below the 16 to 18 pesos needed to recover production costs.<\/strong><\/p>\n <\/p>\n <\/p>\n \u201cKapag palugi ang benta ng palay, hindi lang kabuhayan ng magsasaka ang nanganganib kundi pati ang seguridad sa pagkain ng buong bansa,\u201d he said.<\/strong><\/p>\n <\/p>\n <\/p>\n He also underscored the importance of long-term reforms through the proposed Rice Industry and Consumer Empowerment (RICE) Act, a priority measure in the Legislative-Executive Development Advisory Council (LEDAC).<\/strong><\/p>\n <\/p>\n <\/p>\n The RICE Act seeks to strengthen the National Food Authority (NFA) in an effort to ensure food sufficiency in the country by amending the charter of the agency.<\/strong><\/p>\n <\/p>\n <\/p>\n \u201cKaya naman isa sa mga pangunahing prayoridad na ating isinusulong sa LEDAC ay ang RICE Act upang mapatatag ang National Food Authority o NFA, mapangalagaan ang kabuhayan ng ating mga magsasaka, at mapanatiling abot-kaya ang bigas para sa bawat Pilipino,\u201d Dy said.<\/strong><\/p>\n <\/p>\n <\/p>\n The RICE Act seeks to restore the NFA\u2019s power to buy palay during harvest seasons, raise the rice import tariff from 15 to 35 percent, and set a 25-per-kilo floor price to stabilize farmers\u2019 incomes.<\/strong><\/p>\n <\/p>\n <\/p>\n It will also allocate 75 percent of tariff revenues to a Price Stabilization Fund for farmer support.<\/strong><\/p>\n <\/p>\n <\/p>\n Dy added that faster crop insurance processing, digital systems, and interest-free government loans are also part of the administration\u2019s efforts to uplift rural communities.<\/strong><\/p>\n <\/p>\n <\/p>\n \u201cKailangang magkaisa tayo para sa ating mga magsasaka. Sa agarang suporta at pangmatagalang reporma, titiyakin nating may kinabukasan ang kanilang kabuhayan at may murang bigas ang bawat pamilyang Pilipino,” Dy said.<\/strong><\/p>\n <\/p>\n <\/p>\n The joint hearing gathered officials from key agencies and representatives from the rice industry, traders, importers and farmers\u2019 groups to discuss EO 93 and other support programs.<\/strong><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" HOUSE Speaker Faustino “Bojie” Dy III on Monday announced that one million rice farmers will each receive P7,000 in direct cash assistance under the 2026<\/p>\n","protected":false},"author":2,"featured_media":16864,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts\/16863"}],"collection":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/comments?post=16863"}],"version-history":[{"count":1,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts\/16863\/revisions"}],"predecessor-version":[{"id":16865,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts\/16863\/revisions\/16865"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/media\/16864"}],"wp:attachment":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/media?parent=16863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/categories?post=16863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/tags?post=16863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}