Agri stakeholders back PCIC charter extension

The charter of state-run Philippine Crop Insurance Corp. (PCIC) must be extended to ensure that small-scale farmers and fishermen have protection amid persisting production challenges worsened by climate crisis, two industry groups said.

- - Jasper Emmanuel Arcalas

The Federation of Free Farmers (FFF) and the Magsasaka party-list said extending the PCIC charter is crucial as the state insurer plays a vital role in protecting millions of farmers and fisherfolk nationwide through crop and non-crop insurance coverages.

"Continuing PCIC's corporate existence is essential to help the agro-fisheries sector recover quickly from calamities, diseases and climate change events - thus ensuring food security for all Filipinos," the groups said.