AGRICULTURE Secretary Francisco P. Tiu Laurel, Jr. said the Department of Agriculture (DA) is proposing a P220-billion budget for 2027, which would exceed the indicativeAGRICULTURE Secretary Francisco P. Tiu Laurel, Jr. said the Department of Agriculture (DA) is proposing a P220-billion budget for 2027, which would exceed the indicative

Laurel to seek P220-billion agriculture budget for 2027

2026/07/05 19:04
Okuma süresi: 2 dk
Bu içerikle ilgili geri bildirim veya endişeleriniz için lütfen [email protected] üzerinden bizimle iletişime geçin.

AGRICULTURE Secretary Francisco P. Tiu Laurel, Jr. said the Department of Agriculture (DA) is proposing a P220-billion budget for 2027, which would exceed the indicative ceiling given to the department of P160 billion.

Mr. Laurel said budget priorities include the Animal Competitiveness Enhancement Fund (AnCEF), which requires a P20-billion annual budget. The AnCEF aims to boost the livestock, poultry, and dairy industries by providing funding to combat animal diseases, support farmers, and improve food security.

He added that the DA requested a budget of up to P33 billion for farm-to-market road projects, little changed from funding allocated in 2026.

The DA said farm-to-market roads are among the most requested projects by farmers and fisherfolk because of the potential to lower logistics costs.

Mr. Laurel said the DA would need P500 billion annually for at least five years to strengthen agriculture.

“If we really want to prosper in agriculture, including (irrigation), we need P500 billion a year of investment for at least five years,” Mr. Laurel told reporters.

He added that much will depend on the available fiscal space.

“We will work with what we have and make the most of it,” Mr. Laurel said.

Senator Francis Pancratius N. Pangilinan said he will block the DA’s proposed budget if the DA and the Bureau of Customs fail to appear in the Senate to explain the oversupply of commodities like onions.

Mr. Laurel said the DA’s import estimates are largely accurate, and blamed the oversupply on the late arrival of imports due to port congestion between November and January this year. When they were finally released onto the market, the result was oversupply.

The DA was allocated P215 billion in the 2026 national budget. — Marron Joshua F. Mendoza

World Cup Combo: Aim for 200x

World Cup Combo: Aim for 200xWorld Cup Combo: Aim for 200x

Combine up to 20 World Cup matches in one order

Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Not a loophole: Singapore AI export controls let China tap US AI legally

Not a loophole: Singapore AI export controls let China tap US AI legally

American AI technology is reaching Chinese tech giants through a route that US export controls were never designed to close: Singapore. The city-state sits outside
Paylaş
The Cryptonomist2026/07/10 14:46
CME Group to launch Solana and XRP futures options in October

CME Group to launch Solana and XRP futures options in October

The post CME Group to launch Solana and XRP futures options in October appeared on BitcoinEthereumNews.com. CME Group is preparing to launch options on SOL and XRP futures next month, giving traders new ways to manage exposure to the two assets.  The contracts are set to go live on October 13, pending regulatory approval, and will come in both standard and micro sizes with expiries offered daily, monthly and quarterly. The new listings mark a major step for CME, which first brought bitcoin futures to market in 2017 and added ether contracts in 2021. Solana and XRP futures have quickly gained traction since their debut earlier this year. CME says more than 540,000 Solana contracts (worth about $22.3 billion), and 370,000 XRP contracts (worth $16.2 billion), have already been traded. Both products hit record trading activity and open interest in August. Market makers including Cumberland and FalconX plan to support the new contracts, arguing that institutional investors want hedging tools beyond bitcoin and ether. CME’s move also highlights the growing demand for regulated ways to access a broader set of digital assets. The launch, which still needs the green light from regulators, follows the end of XRP’s years-long legal fight with the US Securities and Exchange Commission. A federal court ruling in 2023 found that institutional sales of XRP violated securities laws, but programmatic exchange sales did not. The case officially closed in August 2025 after Ripple agreed to pay a $125 million fine, removing one of the biggest uncertainties hanging over the token. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/cme-group-solana-xrp-futures
Paylaş
BitcoinEthereumNews2025/09/17 23:55
Iran’s army chief warns of ‘total destruction’ for ground invasion

Iran’s army chief warns of ‘total destruction’ for ground invasion

The post Iran’s army chief warns of ‘total destruction’ for ground invasion appeared on BitcoinEthereumNews.com. Iran’s army chief warned of “total destruction”
Paylaş
BitcoinEthereumNews2026/04/02 18:15

Activate to Enjoy Special Perks

Activate to Enjoy Special PerksActivate to Enjoy Special Perks

Access 0 fees, premium support, and loss coverage.