The Department of Agriculture (DA) is anticipating the approval of a ₱ 20 billion annual investment in the livestock sector, pending President Marcos’ signature before the end of September.
This funding is part of a broader ₱3.5 trillion investment needed to modernize the agriculture sector, according to DA Undersecretary Asis G. Perez.
The proposed Animal Industry Development and Competitiveness Act, supported by the Philippine Institute for Development Studies (PIDS), aims to strengthen regulatory institutions and support small farmers in livestock, dairy, and poultry production.
The bill has been transmitted to Malacañang, where the President has 30 days to act on it.
Perez emphasized the importance of the livestock sector in national food security and highlighted additional investments in production support systems to reduce import dependence.
Source: PhilNews24 | September 27, 2025
₱20-BILLION LIVESTOCK FUND READY FOR MARCOS’ FINAL APPROVAL
Latest from Business
The Department of Tourism (DOT) expects Philippine tourist arrivals to reach 6.4 million in 2026, nearly
Philippine Spring Water Resources Inc. (PSWRI), maker of Nature’s Spring bottled water, has committed to keeping
Business name registrations with the Department of Trade and Industry (DTI) rose 7% year-on-year to 916,523
The Global Anti-Scam Alliance (GASA) reported that 84 percent of Filipino adults encountered scams in 2026,
The Department of Agriculture (DA) is exploring a partnership with DALI Everyday Grocery to create a