DA provides P30-M loan aid for Taal-affected farmers
The Department of Agriculture is providing P30 million in loan assistance to 1,200 farmers and fishers affected by the Taal Volcano eruption.
As of Wednesday, January 15, the loans are being distributed through the Mount Carmel Rural Bank under the Survival and Recovery (SURE) aid program with zero interest.
Agriculture Secretary William Dar stated that immediate loan assistance is being provided to those affected, with further coordination between ACPC and regional offices to expedite distribution.
The Philippine Crop Insurance Corp. will also fast-track the release of insurance benefits for quick-turnaround plans and re-insure affected farms.
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