• World News
  • Politics
  • Economy
  • Stock
  • Editor’s Pick
Global Trading Markets
EconomyEditor's Pick

Laurel pitches House on farmer prosperity, modernization in Agri dep’t budget hearing

by September 15, 2025
September 15, 2025

AGRICULTURE SECRETARY Francisco P. Tiu Laurel, Jr. asked the House of Representatives to approve the Department of Agriculture’s proposed P176.7-billion budget, outlining a 2026 program centered on boosting farmer prosperity and modernization.

Mr. Laurel said agriculture is constantly underfunded despite its importance to the economy, and framed the proposed budget as a critical investment in supporting food producers.

“The truth is plain to see: our farmers and fisherfolk remain among the most vulnerable,” Mr. Laurel said in remarks to the House committee on agriculture and food.

He said other elements of the program focus on providing irrigation, quality seed, fertilizer, and farming know-how; strengthening value chains through logistics, cold storage, and farm-to-market road investment; expanding market access via the Kadiwa ng Pangulo and Rice for All programs offering subsidized produce; and crop insurance, disaster preparedness, and accessible credit.

Around 10 million agriculture workers live in poverty, and enjoy limited access to technology, markets, and financing, he said. 

“We will invest in our farmers and fisherfolk because they have invested their lives in us. Let’s build a future where the child of a farmer no longer dreams of leaving the farm — but of improving it. Where the next generation sees hope, not hardship, in the soil and the sea,” Mr. Laurel said. — Andre Christopher H. Alampay

previous post
Exporters say foreign buyers are raising concerns about corruption
next post
OceanaGold to apply land rehab savings to environmental projects

You may also like

From paper to portal: The SEC’s digital leap

November 5, 2025

PEZA expects new Batangas plant to generate $920...

November 5, 2025

PHL, France to implement bird flu regionalization plan

November 5, 2025

Agriculture trade deficit widens to 15.7% in Sept.

November 5, 2025

PHL must help producers become aware of FTA...

November 5, 2025

Agri output likely fell in Q3 led by...

November 5, 2025

‘Lifeline’ subsidized-power program could expand with more consumers...

November 5, 2025

Waste-to-energy auction could offer up to 200 MW...

November 5, 2025

Palay production up 12.6% in Q3 after increase...

November 5, 2025

Fisheries output drops 7.5% in Q3 on typhoon...

November 5, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Michigan Governor Gretchen Whitmer Says She Doesn’t Want to ‘Relive’ Her Draconian COVID-Era Policies (VIDEO)

      November 6, 2025
    • New York City Council Member Wants Almost $200 Million to Defend Illegal Immigrants From ICE (VIDEO)

      November 6, 2025
    • Megyn Kelly Rips Zohran Mamdani’s Post-Election Speech: ‘He Dropped the Mask Immediately’ (VIDEO)

      November 6, 2025
    • REPORT: Dozens of Parents Began Yanking Their Kids Out of NYC Schools Just Minutes After Mamdani’s Mayoral Win

      November 6, 2025
    • Judge Rips DOJ Prosecutors, Gives Comey Another Win in Federal Criminal Case

      November 6, 2025
    Footer Logo
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 GlobalTradingMarkets.com All Rights Reserved.

    Global Trading Markets
    • World News
    • Politics
    • Economy
    • Stock
    • Editor’s Pick