Connect with us

Business and Economy

DA chief eyes 2.5% to 3% Q4 2019 agri growth

Published

on

To recall, the farm and fishery sector grew by only 0.64 percent in the first three months of 2019 and contracted further to -1.23 percent in the second quarter, mainly due to the adverse effects of El Niño on the crops subsector. (File Photo by Manny Pinol via PNA)

MANILA — The Philippines’ agriculture sector is set to post robust growth of at least 2.5 percent in the last three months of 2019, despite natural and man-made challenges.

Department of Agriculture (DA) Secretary William D. Dar said the country’s agri-fishery sector is expected to grow modestly at 2.5 percent to 3 percent in the fourth quarter of the year, a big jump from the 1.8 percent growth posted during the same period in 2018.

“We are hopeful that favorable conditions were sustained in the fourth quarter, allowing us to attain a full-year growth target of at least 2 percent,” Dar said in a news release issued Friday.

To recall, the farm and fishery sector grew by only 0.64 percent in the first three months of 2019 and contracted further to -1.23 percent in the second quarter, mainly due to the adverse effects of El Niño on the crops subsector.

The sector recovered during the third quarter, posting a faster-than-expected 2.87 percent growth.

Since August, or barely five months in office, the newly-confirmed agriculture chief faced major challenges that included the falling prices of palay and copra, the high retail price of rice, the outbreak of the African swine fever (ASF), fall armyworm infestation in corn, and typhoons that wreaked havoc on major crops.

“Our prompt implementation of decisive measures to arrest falling prices of palay, as well as (the) imposition of strict biosecurity and quarantine measures to manage, control and contain ASF were the key factors in upturning the crops and hog subsectors, respectively,” Dar said.

Early warning announcements have also helped minimize losses from typhoons.

During Typhoon Tisoy, he said, the agriculture sector was able to save PHP12 billion worth of crops in Luzon and the Visayas due to early preparations made by the DA and local government units (LGUs) before the storm’s landfall.

This included PHP11.6 billion worth of palay harvested from 157,000 hectares and PHP109 million worth of corn crops planted in 2,000 hectares.

“The Department of Agriculture was able to meet head-on and temper the effects of both man-made and natural calamities through the strong cooperation with LGUs, agri-fishery industry leaders, the academe, farmers’ and fishers’ groups, and with the full support of President Rodrigo Roa Duterte, Finance Secretary Carlos Dominguez, and colleagues in the Cabinet, particularly the economic development cluster,” Dar said.

He expressed optimism that the agriculture sector’s growth would be sustained in the last two-and-a-half years of the Duterte administration, “as we improve productivity and increase (the) incomes of farmers and fishers, attract more investments, and encourage more local chief executives to perform their role as food security czars.”

Dar noted that with the right policy and mechanisms, as well as vigorous support from all quarters, the sector can become “the force by which more contribution to the gross domestic product will happen.”

To realize this target, he said, the DA will carry out programs faster and with greater precision.

For 2020, the DA proposed a PHP71.8 billion budget, 12 percent higher than the PHP64 billion given in 2019. The budget puts forth measures designed to encourage small business initiatives, facilitate credit, and stimulate economic progress through competition.

For the remaining years of the Duterte administration, Dar assured effective and proper implementation of various components of the Rice Competitiveness Enhancement Fund (RCEF) program, including the revision and finalization of the Philippine Rice Industry Roadmap.

Dar also aims to consolidate smallholder farmers to allow them to compete in a liberalized trade environment, enhance disease prevention and surveillance systems to protect crops and animal industry from major diseases, and establish strong and functional animal diagnostic laboratories nationwide.

He will also push for the crafting of up-to-date and strategic industry and commodity roadmaps guided by the goals of productivity, competitiveness, profitability, resilience, and sustainability.

The DA will implement a youth entrepreneurs’ financing program to attract young Filipinos to actively engage in agri-fishery and agribusiness ventures.

“Rest assured that these programs and plans of actions will be guided by the principles of good governance, transparency, consultative engagement and most importantly, with a greater sense of urgency, as we continue to create a much better narrative for Philippine agriculture,” Dar said.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest

test tube bloods test tube bloods
Health14 hours ago

Infected blood scandal – what you need to know

The infected blood scandal has been hailed the worst treatment disaster in the history of the NHS. Over 3,000 people...

hands holding pregnancy test hands holding pregnancy test
Health14 hours ago

Britain’s abortion laws are still in the Victorian era, and women are the collateral damage

A vote on ending prosecutions for abortion appears to have been delayed again. MPs have been expecting to vote on...

sleeping woman and electric fan sleeping woman and electric fan
Environment & Nature14 hours ago

Extreme heatwaves in south and south-east Asia are a sign of things to come

Since April 2024, wide areas of south and south-east Asia, from Pakistan to the Philippines, have experienced prolonged extreme heat....

News14 hours ago

Beijing is walking a fine line between support for Russia and not angering the west too much

Russia’s Vladimir Putin and China’s Xi Jinping have announced they will work together more closely to offset US pressure as...

British Prime Minister Rishi Sunak British Prime Minister Rishi Sunak
News14 hours ago

UK ‘taking back control’ of its borders risks rolling back human rights protections

The High Court in Belfast has ruled that key elements of the UK’s Illegal Migration Act are incompatible with the...

bottles of milk bottles of milk
Environment & Nature14 hours ago

What is pasteurization? A dairy expert explains how it protects against foodborne illness, including avian flu

Recent reports that the H5N1 avian flu virus has been found in cow’s milk have raised questions about whether the...

Slovakian Prime Minister Robert Fico h Slovakian Prime Minister Robert Fico h
News14 hours ago

Attempted assassination of Slovak prime minister follows country’s slide into political polarization

The assassination attempt against Slovakian Prime Minister Robert Fico has been widely condemned by world leaders as an attack on...

Indian Prime Minister Narendra Modi Indian Prime Minister Narendra Modi
News14 hours ago

Modi’s anti-Muslim rhetoric taps into Hindu replacement fears that trace back to colonial India

The world’s largest election is currently under way in India, with more than 960 million people registered to vote over...

Taylor Swift performing Taylor Swift performing
Entertainment14 hours ago

Canadian Taylor Swift fans are flying to Europe for cheaper concert tickets

Resale seats to shows in Sweden spotted for less than $100 Nisha Patel (new window) · CBC News Taking a trip to Europe...

Business and Economy14 hours ago

Shoppers Drug Mart ’volunteer’ job posting was an error: Loblaw

Pharmacist behind LinkedIn posting says intentions were good Sarah MacMillan (new window) · CBC News A Shoppers Drug Mart pharmacy in downtown Toronto...

WordPress Ads