Agri sector wins P297-B funding

The Department of Agriculture (DA) expects the country to make headway in its long-term food security agenda after the signing of the P6.79-trillion 2026 national budget for the year, which provides higher allocation for the agency.

- By DEXTER BARRO II

President Ferdinand “Bongbong” Marcos Jr. signed on Monday, Jan. 5, the General Appropriations Act (GAA) for the year, which includes the P297.10 billion allocation for the agriculture sector.

The funding, which covers the DA and the Department of Agrarian Reform (DAR), is nearly 16 percent higher than the initial allocation of P256.5 billion under the National Expenditure Program (NEP).