MANILA – To aid fishermen survive the prevailing global economic setback exacerbated by the coronavirus disease 2019 (Covid-19) pandemic, subsidies for the agriculture sector, notably the fishing industry, have now been made available.
According to Agriculture Undersecretary for Agri-Industrialization and Fisheries Cheryl Marie Natividad-Caballero, almost 80,000 fishermen stand to benefit from the Department of Agriculture’s (DA) fuel subsidy program.
“Beneficiaries of fuel discount is approximately 79,000 fishers duly registered in Bureau of Fisheries and Aquatic Resources’ (BFAR) Boat Registry system and encoded into the Registry System for Basic Sectors in Agriculture (RSBSA),” she said in an interview on Thursday.
A total of PHP3,000 each will be received by the beneficiaries through the discount cards of the Development Bank of the Philippines (DBP) which will be distributed via regional offices to farmers and fisherfolk who are on the Department of Agriculture’s (DA) registry.
A PHP500 million budget has been allocated for the fuel subsidy program. The PHP492.5 million of this amount will be paid to participating oil companies and fuel retailers in the form of a 30 percent discount for holders of cash cards to be distributed to eligible participants.
The remaining PHP7.5 million will go toward operational or administrative expenses.
The eligible beneficiaries has repeatedly reminded by DA Secretary William Dar to register with the agency’s system so they could get prioritized and avail of other opportunities.
Eligible farmer recipients must be listed in the RSBSA and must own and operate a functioning farm or fishing machinery, including pumps, engines, tractors, combine harvesters, and corn shellers.
Eligible fisherfolk must also be registered and use legal fishing equipment and motorized boats weighing three gross tons or less.
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