Photo Release

August 28, 2019

Villar leads inquiry into RCEF implementation: Sen. Cynthia Villar, chair of the Committee on Agriculture and Food, led the Senate inquiry into the implementation of Republic Act 11203 and the P10 billion Rice Competitiveness Enhancement Fund (RCEF).During the hearing, Asec. Rolando Toledo of the Department of Budget and Management, committed the release of P4 billion for RCEF which will finance programs to assist farmers after the lifting of the quantitative restriction on the importation of rice. The early benefits of the law was also raised by Department of Agriculture Sec. William Dar, including the collection of tariff revenue amounting to P7 billion and the decrease in the price of rice. Villar said she intends to exercise the oversight function of her committee to see to it that the law will be properly implemented and will lead to the improvement of the farmers' income and yield.