PRESIDENT Benigno S. Aquino III announced the availability of a P4.23-billion rice subsidy
program for farmers and fisher folk that will augment their incomes during the lean months
following a harvest season.
The Chief Executive made the announcement in his speech marking Labor Day celebrations
held for various labor groups in Malacañang on Sunday.
The President said this subsidy forms part of his administration’s efforts to address the
ever increasing prices of fuel and food as well as to provide gainful employment for our
countrymen.
The subsidy, the President stressed, will be used to pay the fishermen and fisher folks’
wages in exchange for their services such as the preparation and cleaning of the farms to be
used during the next planting season. (PCOO/PIA)
