DA seeks P12B in additional budget for 2022 | Inquirer Business
Close  
ENSURING FOOD SECURITY

DA seeks P12B in additional budget for 2022

05:24 AM December 03, 2021

The Department of Agriculture (DA) is seeking a higher budget for next year to address the food and agriculture challenges brought about by the coronavirus pandemic.

In a letter to Senate President Vicente Sotto III, Agriculture Secretary William Dar cited the urgent need to raise the department’s 2022 budget by P12 billion to sustain the Philippines’ food production and meet its food security needs.

ADVERTISEMENT

In the proposed 2022 national budget, only P95 billion was earmarked for the department.

Dar said the DA intended to use the additional funds for fertilizer subsidy (P8.9 billion), corn program (P2 billion) and urban agriculture (P1.1 billion).

FEATURED STORIES

“We are entering a ‘New World’—the global scale of the ‘new normal’ as an offshoot of the COVID-19 pandemic—wherein every country in the world is coping with huge challenges,” Dar said.

“These include the lingering and mutating COVID-19 pandemic, increasing prices of petrol, fertilizers and feeds, climate change, population dynamics, urbanization (farm areas) and aging farmers, and entry of transboundary animal and plant diseases,” he added.

Prices of inorganic fertilizers have been at “alarming” levels due to the declining global supply. According to Dar, big countries and producers have been stocking up and cornering fertilizer supplies to ensure that their local requirements for crop production and food security are met.

“Other threats such as rising oil prices, increasing prices of raw materials for feeds, and increasing cost of transport due to backlog in logistics transport service are adding to the lingering effect of the pandemic, which is still affecting the global supply chain,” he added.

Subscribe to our business newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

For more news about the novel coronavirus click here.
What you need to know about Coronavirus.
For more information on COVID-19, call the DOH Hotline: (02) 86517800 local 1149/1150.

The Inquirer Foundation supports our healthcare frontliners and is still accepting cash donations to be deposited at Banco de Oro (BDO) current account #007960018860 or donate through PayMaya using this link .

Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: coronavirus pandemic, Department of Agriculture (DA)
For feedback, complaints, or inquiries, contact us.

Subscribe to our business news

By providing an email address. I agree to the Terms of Use and
acknowledge that I have read the Privacy Policy.



© Copyright 1997-2022 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.