PCIC releases P347M to calamity-hit farmers
The Philippine Crop Insurance Corp (PCIC) has released PHP347 million from a PHP1.5 billion indemnity fund to help around 121,000 insured farmers and fisherfolk affected by recent typhoons.
Farmers are advised to use high-quality seeds to increase rice output after the damage sustained in agriculture.
The remaining balance of the indemnification funds will be released within ten days following the completion of required documents.
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