Agriculture Secretary Francisco P. Tiu Laurel Jr. urged the legislators to support the extension of the Rice Competitiveness Enhancement Fund (RCEF).
RCEF, which has provided additional funding for government initiatives to improve the livelihoods of Filipino farmers, is a component of the Rice Tariffication Law that is currently being revisited for possible amendments.that has provided additional funding for government initiatives to improve the livelihoods of Filipino farmers.
In his report to the Congressional Oversight Committee on Agricultural and Fisheries Modernization led by Senator Cynthia Villar on May 14, the agri chief said the RCEF, otherwise known as Rice Fund that would expire next year, is a โdynamic economic strategyโ that has allowed the government to leverage significant tariff from imported rice to enhance farmersโ productivity and incomes.
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