DBM releases P2.32 B to DAR
MANILA, Philippines - The Department of Budget and Management (DBM) has turned over P2.32 billion to the Department of Agrarian Reform (DAR) to fund support services for agrarian reform beneficiaries.
The bulk of amount or P2.31 billion will go to agrarian reform beneficiaries while landowners and rural women will each receive P4.3 million.
The P2.32 billion is the initial amount allotted for the Program Beneficiaries Development (PBD), DAR’s support service delivery component.
The PBD’s goal is to support beneficiaries of the Comprehensive Agrarian Reform Program (CARP) in making their lands more productive, helping them create income-generating livelihood projects, and teaching them community governance.
“Filipino farmers who’ve been granted land under the agrarian reform program will gain much from this fund release to DAR. Through the PBD, the beneficiaries can make their farms more productive and bring their produce quickly to the market, among others,” said Budget Secretary Florencio “Butch” Abad.
- Latest
- Trending
