Livestock, poultry raisers may get P15 B from tariff collection

Livestock, poultry and dairy (LPD) raisers may expect at least P15 billion in funding support once the government passes a law that would earmark tariff collections for local industry development.

- JASPER EMMANUEL ARCALAS

Agriculture officials disclosed that the possible tariff collections that would be earmarked for the livestock, poultry and dairy competitiveness enhancement (LPD fund) under the proposed livestock bill would exceed the earlier estimated P7 billion amount.

“The tariffs collected from livestock is even bigger than what we thought it was. We are looking at P15 billion for the livestock sector,” Agriculture Undersecretary Asis Perez said.

“As we look at it more granularly, it would appear it is really more than P7 billion,” Perez added.