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Cash Assistance for Filipino Farmers Act (Republic Act No. 11598).

Country/Territory
Philippines
Document type
Legislation
Date
2021
Source
FAO, FAOLEX
Long title
An Act authorising the department of agriculture to provide for direct cash assistance to farmers who are tilling two (2) hectares and below of rice land until 2024, and use for the purpose the annual tariff revenues in excess of ten billion pesos (P10S) of the rice competitiveness enhancement fund created under Republic Act No. 11203 entitled "An Act Liberalising the Importation, Exportation and Trading of Rice, Lifting for the Purpose the Quantitative Import Restriction on Rice, and for Other Purposes".
Subject
Agricultural & rural development
Keyword
Farming Smallholders/peasants Cereals/grains/rice Fiscal and market measures Special fund Financial agricultural measures Agricultural commodities Crops/grasses Agricultural development
Geographical area
Asia, Asia and the Pacific, East Asian Seas, North Pacific, South-Eastern Asia
Entry into force notes
This Act shall take effect fifteen (15) days after its publication in the Official Gazette or in a newspaper of general circulation.
Abstract

This Act describes the policy of government for providing monetary assistance to the hardest hit segments of the country's small farmers in the form of giving of cash to farmers further to declining palay prices and the crippling effects of the Covid 19 pandemic. The Act gives authorisation to the Department of Agriculture to use monies from annual tariff revenues for cash assistance to farmers. The Act further provides for the source of fund. The Act contains 7 Articles.

Full text
English