Sunday 16 December 2018
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inquirer - 3 month ago

Loan program for farmers gets P3.8B from DBM

The Department of Budget and Management (DBM) on Wednesday announced the allocation of P3.4 billion to the Subsidy 2 Credit (S2C) Program of the Department of Agriculture (DA) for fiscal year 2019. The S2C is DA s loan program for farmers. The S2C program will offer flexible non-collateralized production loans, quick response post-disaster loans without interest, and loans for the acquisition of farmer equipment and machinery, among others, DBM Secretary Benjamin Diokno said in a statement. In addit

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