Tripling of Rcef to P30 billion expected to hasten small farmers’ recovery

Q: How long will it take to read this news story?

The story "Tripling of Rcef to P30 billion expected to hasten small farmers’ recovery" has 723 words across 25 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Tripling of Rcef to P30 billion expected to hasten small farmers’ recovery" was covered 2 weeks ago by Business Mirror, a news publisher based in Philippines.

Q: How trustworthy is 'Business Mirror' news outlet?

Business Mirror is a fully independent (privately-owned) news outlet established in 2005 that covers mostly business and startups news. The outlet is headquartered in Philippines and publishes an average of 24 news stories per day. It's most recent story was published 16 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23397127</li><li>URL: https://beamstart.com/news/tripling-of-rcef-to-p30-17307278554093</li></ul>

Business Mirror Logo Business Mirror 2w ago

Tripling of Rcef to P30 billion expected to hasten small farmers’ recovery - Business Mirror

Quick Summary:

WITH extensive agricultural losses owing to Severe Tropical Storm Kristine, the chairman of the House of Representatives’ Committee on Aquaculture and Fisheries Resources is optimistic that a soon-to-be enacted measure increasing the size of the Rice Competitiveness Enhancement Fund (Rcef) from P10 billion to P30 billion per year would help small farmers recover mounting losses.

HB 1803, which benefits fishermen using motorized fishing vessels of three gross tons or less, provides for a yearly review of the monthly subsidy to determine if the amount is still sufficient when taking nto account the effects of inflation.

The ratified bill extending the life of Rcef reconciled the provisions under House Bill (HB) 10381 and Senate Bill 2779.